Lebanon, OR 97355,591 W SHERMAN ST
Lebanon, OR 97355,591 W SHERMAN ST
Lebanon, OR 97355,591 W SHERMAN ST
13
Listed by SMI Commercial Real Estate LLC
Bought with Non Rmls Broker
$1,095,000
$1,095,000
Est.Price: ?

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6,126 SqFt

591 W SHERMAN ST Lebanon, OR 97355

Est. payment /mo
SOLD DATE : 02/25/2022

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Key Details

Sold Price $1,095,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,126 sqft

Price per Sqft $178

MLS Listing ID 21288139

Sold Date 02/25/22

Year Built 1948

Annual Tax Amount $5,950

Tax Year 2020

Property Description

10 unit single story apartment complex constructed in 1948. Located in North Lebanon. (3) 2 bed / 1 bath units approx 768 SF each and (7) 1 bed / 1 bath units approx 546 SF each. Current NOI at $53,793 with projected at $71,426 once rents are brought up to highest achieved. Please do not disturb the residents. Submit offer to purchase subject to initial walk through - showing only upon accepted offer to purchase.

Location

State OR

County Linn

Area _221

Zoning TBD

Interior

Heating Other

Exterior

Garage No

Building

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Greenacres

Middle Schools Seven Oak

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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agent

Randy Byrd

Broker | License ID: 201235026

+1(541) 570-5777

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