1552 E 3RD ST, Newberg, OR 97132

$850,000
3,728
SqFt

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List Price
$850,000
Price Change
▼ $50,000 1785557136
Days on Market
87
MLS#
460648136
Property Type
Multifamily
Sqft. of Residence
3,728
Lot Size
10, 000 to 14, 999 SqFt
Region
Yamhill County including Willamina
Status
ACTIVE

Property Description

Potential to make over $72,000 gross a year on these up to date modern townhomes. Historically low vacancy. Ask your broker for six years of profit and loss statements showing pride of ownership and consistent and stable increase in income. New roof 5 years ago. Two units under market rent, two closer to market. Newer Townhouse Style 2 Bedroom / 1.5 Bath: quiet 4-Plex (not apartment complex). $1450 + $85 flat rate for water, sewer, and garbage per month. ($1535 total) For each individual townhome it's a spacious 930 Square Feet Half bath downstairs / full bath upstairs. Nice Grass Back Yard & Patio, secured storage room. Washer/Dryer in Units. High efficiency individual room heat. Spacious Living Room and Kitchen Area. Newer flooring in kitchen and living room. Each unit has two off street car parking spaces. Quiet neighborhood and street. Close to George Fox & PCC colleges. Doorsteps to wineries & wine country. Close to shopping & restaurants. All leases month to month and will be provided with an acceptable offer. DO NOT DRIVE ON PROPERTY. DO NOT DISTURB TENANTS.

Additional Information

Tax Amount
$6,575
Year Built
2006
High School
Newberg
Elementary School
Edwards
Middle School
Mountain View
Acres
0.23
Living Area
3,728
Stories
2
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Zoned
Hoa Rent Includes
Cable TV, Electricity, Heat
Hot Water Description
Electricity
Exterior Description
Vinyl Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
Territorial
Parking
Driveway, Open
Parking Description
Driveway, Open
Road Surface
Paved
Number Of Units Total
4
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Rent
1535
Unit Type One Sq Ft
930
Unit Type One Units Total
2
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
2
Unit Type Three Beds Total
2
Unit Type Three Rent
1100
Unit Type Three Sq Ft
930
Unit Type Three Units Total
1

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Premiere Property Group, LLC.

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