NOT LISTED FOR SALE

1820 Geary St SE Albany, OR 97322

Sunrise Neighborhood
58 Beds
41 Baths
26,624 Sq Ft
2.02 Acres

Last Sold July 24, 2017

Last sale price $3,250,000 $122 Per Sq Ft

4 Days on Market

Highlights

  • 2.02 Acre Lot
  • Dining Area
  • Lap Siding

About This Home

As of July 2017

Outstanding multi-family opportunity. This 41 unit project was built in 1995 by contract for their own account. 24 1's, 17 2's, onsite laundry. New roof in 2011. 11 units significant rehab last 2 years. Vinyl windows & siding. Room for significant rent increases. Do not bother tenants.

Last Agent to Sell the Property

Bill MacHugh

REALTY ONE GROUP WILLAMETTE VALLEY License #880500108 Listed on: 04/03/2017

REALTY ONE GROUP WILLAMETTE VALLEY

Co-Listed By

Aimee MacHugh

PREMIERE PROPERTY GROUP, LLC ALBANY License #201204780

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $39,141

Year Built

  • Built in 1995

Lot Details

  • 2.02

Home Design

  • Lap Siding
  • Vinyl Siding

Interior Spaces

  • 26,624 Sq Ft Home
  • Dining Area

Bedrooms and Bathrooms

  • 58 Bedrooms
  • 41 Bathrooms

Additional Features

  • 2.02 Acre Lot
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Tenant's Personal Property

Community Details

Overview

  • 41 Units
  • Thompson Manor Community

Building Details

  • Operating Expense $90,034
  • Net Operating Income $226,483

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$39,141

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Syndicated Remarks: Outstanding multi-family opportunity. This 41 unit project was built in 1995 by contract for their own account. 24 1's, 17 2's, onsite laundry. New roof in 2011. 11 units significant rehab last 2 years. Vinyl windows & siding. Room for significant rent increases. Do not bother tenants.
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Tenant's Personal Property
  • Negotiable Inclusions: 41 Stoves, 41 Frigs, Washer & Dryers
  • Total Bathrooms: 41
  • Total Bedrooms: 58
  • Dining Room: Area (Combination)
  • Price Per Sq Ft: 122.07
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 122.07

Exterior Features

  • Exterior Color: White
  • Siding: Vinyl
  • Siding Style: Lap

Utilities

  • Water: City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 2.02
  • Estimated Lot Sq Ft: 87991
  • Price Per Acre: 1608910.89
  • Zoning: RM
  • Property Name: Thompson Manor
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 90034

Multi Family

  • Additional Land Available: 320916
  • Net Income: 226483
  • Gross Sched Income: 327333
  • Unit Types: Flat
  • Number Of Units: 41

Tax Info

  • Tax Account Number: 0763300
  • Tax Amount: 39141

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $3,250,000 0.0% $122 / Sq Ft
04/03/2017 04/03/17 For Sale $3,250,000 -- $122 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bill MacHugh

    REALTY ONE GROUP WILLAMETTE VALLEY

    (541) 740-7736

    1 in this area

    21 Total Sales

    Bill MacHugh
    Section Image
  • Aimee MacHugh

    Seller Co-Listing Agent in 2017

    Aimee MacHugh

    PREMIERE PROPERTY GROUP, LLC ALBANY

    (541) 979-7973

    1 in this area

    28 Total Sales

    Aimee MacHugh
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 716413

Willamette Valley MLS
Oregon Linn County Albany 97322 Sunrise

1820 Geary St SE, Albany, OR

This home is located at 1820 Geary St SE, Albany, OR 97322 since 03 April 2017. This property was built in 1995. 1820 Geary St SE is a home located in Linn County with nearby schools including Sunrise Elementary School, Calapooia Middle School, and South Albany High School.

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.

Willamette Valley MLS 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

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