Bought with Non Rmls Broker
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591 W SHERMAN ST Lebanon, OR 97355
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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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