4-Plex Opportunity! Clean, well maintained in downtown core. Rents have been raised consistently over past 3 years, along w/major maintenance (roof, siding, windows, 2 w/heaters, range, some new floor coverings). #1 has fireplace, #3 has upper deck. Owner is very meticulous so units well maintained on turnover. EZ to rent. Great investment property. Do not disturb tenants.
Off market
$515,400
225 6th Ave SE, Albany, OR 97321
4beds
4baths
2,406sqft
MultiFamily
Built in 1925
-- sqft lot
$515,400 Zestimate®
$214/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Carpet, Linoleum / Vinyl
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,406 sqft
Property
Features
- Patio & porch: Deck
- Exterior features: Wood, Cement / Concrete
Lot
- Size: 6,534 sqft
- Features: Level, Views
Details
- Zoning: RDUP
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Albany
HOA & financial
Other financial information
- Total actual rent: 2760
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- FoundationDetails: Concrete Perimeter
- RoadSurfaceType: Paved
- Appliances: Refrigerator, Electric Water Heater, Range
- FireplaceYN: true
- HeatingYN: true
- PatioAndPorchFeatures: Deck
- Utilities: Electricity Connected
- NumberOfUnitsTotal: 4
- ConstructionMaterials: Wood Siding, Cement Siding, Lap Siding
- Roof: Composition
- LotFeatures: Level, Views
- LeaseTerm: Month To Month
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Trash Collection, Maintenance Grounds
- OpenParkingYN: true
- PropertyCondition: Updated/Remodeled
- ParkingFeatures: Open
- View: Territorial
- CapRate: 5.86
- OperatingExpense: 8940
- Zoning: RDUP
- TotalActualRent: 2760
- MlsStatus: Pending
- GrossIncome: 31217
- GrossScheduledIncome: 33120
- NetOperatingIncome: 22217
- Road surface type: Paved
Services availability
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Sell for more than others on Zillow
Get a complimentary Zillow Showcase℠ listing and you could sell for .
$515,400
2% more+ $10,308
With Showcase(estimated)
$525,708