Turn key investment opportunity. 1880 unit just recently remodeled with new kitchen and bath cabinets, new vanities, new interior paint and blinds, new main floor carpet and vinyl flooring. Long term tenants at 1888 and 1884. No vacancy for over 10 years. Owner pays for water and sewer and tenants pay for all other utilities and yard maintenance. New roof 2023. All 3 units has newer water heaters. 1888 and 1884 has 10% rent increase by 2/1/2025. Listing broker has ownership interest.
Prime location, 4 unit building with long-term tenants. Easy to finance with conventional loan. Great location, close to shopping, parks and schools. Located on larger lot .17 acre with laundry room, community backyard, and off street parking lot. Functional floor plans in each unit. All tenants are long term and would like to continue. UNIT #1: 934 SF, 1 Bedroom, 1 Bath, 934 square feet. UNIT #2: 2 Bedrooms, 2 Bathrooms, 973 square feet. UNIT #3: 1 Bedroom, 1 Bathroom, 617 square feet. UNIT #4: 1 Bedrooms, 1 Bathroom, 617 SF. DO NOT DISTURB TENANTS.
Amazing investment opportunity. Brand new 4-plex can owner-occupy or rent out all 4 units. Each unit is a 3 bed/2.5 bath, 1,586 sf with laminate flooring throughout the downstairs and carpet upstairs in the bedrooms. All appliances included. Contact listing agent for more details. Two of the units have been rented out with a one year lease.
NEW CONSTRUCTION and ready to go! Excellent investment opportunity - owner occupy or rent both sides. Unique layout allows for total privacy and the feeling of a stand alone home. Close to shopping, schools and easy access to 15.
Great location! Close to schools, public transportation, shopping and parks. Perfect for owner occupied or investment income. 2 bedroom 1 bath units. Both units are currently rented and managed by a local property management company. Both units rent for aprox 1300 per month. Each unit has one car garage. Do not disturb tenants.
Prime Investment: The Station features 11 trendy move-in ready units, boasting a 5.9% cap rate - $212,000 gross income and $166,565 NOI. Extensive upgrades including electrical, plumbing, HVAC, windows, siding, kitchens, bathrooms, parking lot, bike storage, onsite laundry, and new stormwater and fire suppression systems. Unlock additional income with 3 more unfinished units, for a total of 14 doors, not including rentable storage, and a large 1.4 acre lot with space for more construction in the rear.
The median home value in Albany, OR is $444,000. This is higher than the county median home value of $371,900. The national median home value is $338,100. The average price of homes sold in Albany, OR is $444,000. Approximately 58.19% of Albany homes are owned, compared to 37.23% rented, while 4.58% are vacant. Albany real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albany real estate agent to arrange a tour today!
Albany, Oregon has a population of 55,776. Albany is more family-centric than the surrounding county with 32.74% of the households containing married families with children. The county average for households married with children is 28.22%.
The median household income in Albany, Oregon is $65,587. The median household income for the surrounding county is $63,313 compared to the national median of $69,021. The median age of people living in Albany is 35.9 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 34.3 degrees. The average rainfall is approximately 44.1 inches per year, with 4.2 inches of snow per year.