Excellent opportunity to own 2 four plexes (8 units) on separate adjacent tax lots. 4 two bedroom townhouses and 4 single level two bedroom units. Separately metered for water and sewer! Attached garages. Well maintained with a tone of rent upside. Sellers are Licensed Brokers in the State of California.
Last Agent to Sell the Property
SMI REAL ESTATE License #201202003 Listed on: 03/06/2018
Last Buyer's Agent
Logan Devos
SMI REAL ESTATE License #200706101
$750,000
Hard to find 4 Plex w/ rental upside in Albany, OR! Great tenants & NET income of $5000/month. Tenants pay all their own utilities. Units #1958 & #1960 are long term Tenants on mo. to mo. rental agreements. Units #1962 & #1964 are currently leased & units were turned over & updated in 2022. Well maintained property with plenty of parking. A short drive to Linn-Benton CC & quick access to downtown
Ryan Brush SMI REAL ESTATE
$745,000
Accepted Offer with Contingencies. Don't miss out on this incredible investment opportunity! This fourplex is centrally located in the heart of Albany. BRAND NEW ROOF! NEW electrical panels in each unit. Three units are currently occupied by reliable tenants, while the newly renovated unit 1229 is available for a buyer who may wish to occupy the property. There are excellent loan products
Joel Bumgarner REDFIN
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $625,000 | Ticor Title Company Of Or | |
| Warranty Deed | $390,000 | Ticor Title Co | |
| Warranty Deed | $255,750 | First American Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $613,679 | FHA | |
| Previous Owner | $292,500 | New Conventional | |
| Previous Owner | $207,200 | Commercial | |
| Previous Owner | $202,000 | Commercial |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2021 08/26/21 | Sold | $625,000 | +8.7% | $185 / Sq Ft |
| 05/18/2021 05/18/21 | For Sale | $575,000 | -26.3% | $170 / Sq Ft |
| 06/11/2018 06/11/18 | Sold | $780,000 | +0.1% | -- |
| 03/06/2018 03/06/18 | For Sale | $779,000 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,604 | $331,830 | -- | -- |
| 2023 | $6,605 | $322,170 | $0 | $0 |
| 2022 | $6,315 | $312,790 | $0 | $0 |
| 2021 | $5,943 | $303,680 | $0 | $0 |
| 2020 | $5,864 | $294,840 | $0 | $0 |
| 2019 | $5,727 | $286,260 | $0 | $0 |
| 2018 | $5,579 | $277,930 | $0 | $0 |
| 2017 | $5,014 | $269,840 | $0 | $0 |
| 2016 | $4,646 | $261,990 | $0 | $0 |
| 2015 | $4,453 | $254,360 | $0 | $0 |
| 2014 | $4,243 | $246,960 | $0 | $0 |
Seller's Agent in 2021
Eric Swanson
SMI REAL ESTATE
(541) 990-3795
3 in this area
35 Total Sales
Buyer's Agent in 2021
Trevor Howard
SMI REAL ESTATE
(503) 798-0952
2 in this area
39 Total Sales
Seller's Agent in 2018
Gabe Johansen
SMI REAL ESTATE
(503) 851-0048
1 in this area
90 Total Sales
L
Buyer's Agent in 2018
Logan Devos
SMI REAL ESTATE
Source: Willamette Valley MLS
MLS Number: 730197
APN: 0405015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson