418 5TH SW AVE, Albany, OR 97321

$675,000
List Price
$675,000
Days on Market
1
MLS#
21551324
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Linn County
Status
Pending

Property Description

Fantastic investment opportunity! Lots of charm in thisunique property which includes main house featuringwood flooring, 4 bedrooms, 2 bathrooms with finishedstudio and 1 bedroom apartment in basement AND adetached 4 plex (1Bd/1Ba Units). Outside boasts largepatio area, with plenty of space for gardening. Comeenjoy downtown living, close to tons of shopping, dining,and parks. Bring along your ideas & make thisdiamond shine for you!

Additional Information

Tax Amount
$5,009
Year Built
1910
High School
West Albany
Elementary School
Central
Middle School
Memorial
Stories
3
Terms
Cash, Other, Rehab
Cooling Description
None
Fuel Description
Electricity
Heating Description
Forced Air
Exterior Description
Lap Siding, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
View
City
Cumulative Days On Market
1
Sq Ft Approximate Building Total
4353
Capitalization Rate
3.93
Operating Expenses Actual
10101
Gross Income Actual
36600
Gross Rent Multiplier
18.44
Net Income Actual
26499
Occupancy Types
Month To Month
Road Surface
Paved
Number Of Units Total
9
Unit Type One Baths Total
2
Unit Type One Beds Total
4
Unit Type One Sq Ft
1562
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Rent
375
Unit Type Two Sq Ft
464
Unit Type Two Units Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Valley / Alb.

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