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Listed by JANEL HOFFMANN • JMG JASON MITCHELL GROUP

$1,250,000

Est. payment - /mo

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12 BD

6 BA

4,576 SqFt

Active

2444 Sherman (-2500) St Albany, OR 97322

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UPDATED:

02/24/2025 05:45 PM

Key Details

Property Type Multi-Family

Sub Type Multi- (5+)

Listing Status Active

Purchase Type For Sale

Square Footage 4,576 sqft

Price per Sqft $273

Subdivision Morningside Tracts

MLS Listing ID 825524

Bedrooms 12

Year Built 1965

Annual Tax Amount $10,026

Lot Size 0.510 Acres

Acres 0.51

Property Sub-Type Multi- (5+)

Property Description

Take advantage of this rare investment opportunity of three duplexes right next to each other, fully rented ensuring immediate rental income. One duplex has been fully updated, while the other two are in great condition, each featuring durable vinyl windows. All six units boast similar wood beam ceilings, adding character and charm to the living spaces. Each unit comes with a one-car garage, complete with washer & dryer hookups for added tenant convenience. Owner pays garbage & tenant pays their utilities. These properties offer the option of buying all three at a discounted price or to purchase just one duplex. Whether you're looking to expand your portfolio or secure a steady stream of rental income, these duplexes are an ideal choice. Don't miss out on this incredible opportunity!

Location

State OR

County Linn

Area 80 Linn County

Rooms

Dining Room Area (Combination)

Interior

Hot Water Electric

Heating Zonal

Flooring Carpet, Laminate, Vinyl

Fireplaces Type Gas, Stove, Wood

Laundry W/D Hookup

Exterior

Fence Partial

View Territorial

Roof Type Composition,Metal or Aluminum

Building

Foundation Slab

Sewer City

Water City

New Construction No

Schools

Elementary Schools Lafayette

Middle Schools Calapooia

High Schools South Albany

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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