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420 4th Ave SW, Albany, OR, 97321

--beds
13baths
6,064sqft
$1,350,000
$223price/sqft
$8,482/moest. monthly cost
$339,280/yrincome needed

About This Home

Unique package deal opportunity! 7% cap rate w/ 2024 net income exceeding 6 figures. Closely located multifamily and single family portfolio. All properties include updates ranging from minor to major, full interior and exterior renovations. Properties low in a MUR Zoning District. Buyer to do Due Diligence on available Commercial uses for these buildings. SPECIAL OFFER: One year of complimentary property management included w/ full price offer. Multiple addresses are included in this 4th and Washington Portfolio! 420-130 1/2 SW, 413 SW Washington, 442 4th Ave.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
70
BikeVery Bikeable

Schools

3/10
4/10
Memorial Middle SchoolGrades 6-80.9 mi
8/10
West Albany High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1935

Materials

  • Foundation: Continuous,Slab
  • Roof: Composition
  • Construction materials: Fiber Cement,Lap Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Unfinished

Bedrooms & Bathrooms

  • Bathrooms: 13

Heating & Cooling

  • Heating features: Natural Gas,Electric,Baseboard
  • Cooling features: Window Unit(s),Central Air

Interior Area

  • Total structure area: 6,064
  • Total interior livable area: 6,064 sqft

Property

Details

  • Zoning: MUR
  • Exclusions: Tenants Personal Property

Features

  • Fencing: Partial
  • Frontage length: 209

Lot

  • Lot size: 0.30 Acres