Address
591 W SHERMAN ST Lebanon, OR
Price
$ 1,095,000
Property Attributes
  • MLS#21288139
  • TypePending
  • CountyLINN
  • CityLebanon
  • AreaLinn County
  • Zip97355
  • Style
  • Year Built1948
  • Taxes$ 5950
  • Price$ 1,095,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage6126
Listing Provided Courtesy Of:
SMI Commercial Real Estate LLC
Data Source:
Regional Multiple Listing Service (RMLSOR)
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.

Elementary School Middle School
Greenacres Elementary School Seven Oak Middle School
Price History
12/3/2021 Listed $1,095,000

General Features

Elementary School Greenacres
Heating Other
MLS Area Linn County
Middle/Junior High School Seven Oak
Property Type Multi Family
Sewer Public Sewer
Terms Cash, Conventional
Total Units 10
Video Tour Y/N No
Zoning TBD

Interior Features

Fueldescription Electricity
Hot Water Electricity
Sqftapproximatebuildingtotal 6126
Unit 1 Baths Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unittype1sqft 768
Unittype1unitstotal 3
Unittype2sqft 546
Unittype2unitstotal 7

Exterior Features

Lot Size 15, 000 to 19, 999 SqFt
View Y/N No
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 97355

Price
AVG $450K
$1.1M
Taxes
AVG $3,121
$5,950
Visits
AVG 38
17
Year Built
AVG 1972
1948
Walkscore
AVG 38
42
Data Provided by Walkscore ® not using MLS data

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