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.
23369186
Other, 1 Story
Linn
1992
1
Public Sewer
9,039
Sq. Ft.
11 Total
School Information
Waverly
Memorial
West Albany
Detailed Room Information
- Laundry
- Common Area
Interior Features
- Appliances
- Gas Water Heater
- Cooling
- None
- Heating
- Other. Wall Furnace.
- Basement
- None
- Security
- Fire Sprinkler System
Exterior / Lot Features
- Parking
- Open, Paved.
- Zoning
- MS
- Structural Condition
- Updated/Remodeled
- Additional Exterior/Lot Features
- Level.
Community Features
- Security Features
- Fire Sprinkler System
- Complex Features
- Fire Sprinkler System
Financial Considerations
0776425
$11,616
Cash, Conventional
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