OR > Lebanon > Af Bahrke'S Fruitdale A
Lebanon, OR 97355,591 Sherman St
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Lebanon, OR 97355,591 Sherman St
Lebanon, OR 97355,591 Sherman St
Lebanon, OR 97355,591 Sherman St
Lebanon, OR 97355,591 Sherman St
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Listed by ERIC SWANSON • SMI REAL ESTATE • Cell: 541-990-3795
$ 1,395,000
Est. payment /mo
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Active

591 Sherman St Lebanon, OR 97355

13 Beds

10 Baths

6,126 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi- (5+)

Listing Status Active

Purchase Type For Sale

Square Footage 6,126 sqft

Price per Sqft $227

Subdivision Af Bahrke'S Fruitdale A

MLS Listing ID 828226

Bedrooms 13

Year Built 1948

Annual Tax Amount $6,595

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Multi- (5+)

Property Description

Single story 10-unit apartment complex built in 1948 in West Lebanon. Building consists of (3) 2 bed / 1 bath units and (7) 1 bed / 1 bath units. Currently offered at a 6.47% cap rate on actuals and an 8.3% based on targeted rents for recently renovated units. Two of the ten units have been fully renovated. Property features a central courtyard, some off-street parking and onsite laundry room - appealing amenities in a quiet, residential neighborhood.

Location

State OR

County Linn

Area 80 Linn County

Interior

Flooring Carpet

Building

New Construction No

Willamette Valley MLS (WVMLS)
agent

Jared Hambrook

Principal Broker | License ID: 201211534

+1(503) 930-2124

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591 Sherman St

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