$825,000 / 2768ft2 - ***OUTSTANDING INCOME-7.95% cap rate*** (Albany)

Solid 7.95% cap rate from this mixed commercial/residential income property. Both buildings are leased. 3 yrs of 5 left, with 1 renewal option, on the commercial NNN lease with 3% annual increases. The 1 yr res lease is up for renewal Jan 2026. Res pays their utilities. No deferred maintenance. 19 parking spaces. Fantastic high traffic location half a block off Santiam Hwy with signage visible from the Hwy.