1215 SHORTRIDGE ST

Albany, 97322

  • Bed

  • Bath

  • 2768 SqFt

  • 92 DOM

  • Built: 1972

  • Status: Active

$850,000

X

1215 SHORTRIDGE ST

Albany 97322

$850000

  • Bed

  • Bath

  • 2768 SqFt

  • 92 DOM

  • Built: 1972

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Solid 7.7% cap rate from this mixed commercial/residential income property. Both buildings are leased. 3 yrs of 5 left on the commercial NNN lease with 3% annual increases. The 1 yr res lease just started. Res pays their utilities. No deferred maintenance. Fantastic high traffic location half a block off Santiam Hwy with signage visible from the Hwy.

Download our Mobile app

Similar Properties

Download our Mobile app

$523,900

  • 4 Bed

  • 2.5 Bath

  • 2288 SqFt

  • 2 DOM

  • 1484 Logan PKWY SE, Albany, 97322

$474,900

  • 4 Bed

  • 3.5 Bath

  • 1975 SqFt

  • 2 DOM

  • 1855 Seven Mile LN SE, Albany, 97322

$539,400

  • 4 Bed

  • 2 Bath

  • 1946 SqFt

  • 2 DOM

  • 5693 SE Edward CT SE, Albany, 97322

$350,000

  • 3 Bed

  • 2 Bath

  • 1272 SqFt

  • 10 DOM

  • 1940 17TH AVE, Albany, 97322