1215 SHORTRIDGE ST

Albany, 97322

  • Bed

  • Bath

  • 2768 SqFt

  • 3 DOM

  • Built: 1972

  • Status: Active

$850,000

X

1215 SHORTRIDGE ST

Albany 97322

$850000

  • Bed

  • Bath

  • 2768 SqFt

  • 3 DOM

  • Built: 1972

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

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.

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Residence Information

  • 2768

  • Composition

  • OnSite,Paved

  • 1

  • 1972

  • No

Features and Utilities

  • CentralAir

  • ForcedAir

  • PublicSewer

  • Electricity

Financial

  • 4617.13

  • Cash,Other

  • 03-14-2025

  • No

  • No

Comparable Information

  • 3

  • 83

  • Cash,Other

  • $850,000

  • $850,000

  • Mar 17, 2025 13:34

Schools

Map

Listing courtesy of RockholtRE LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Jun 05, 2025 23:30 | Listing last modified Mar 17, 2025 13:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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