Bought with Chris Balmes Properties LLC
$995,000
$1,050,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
5,090 SqFt
SOLD DATE : 11/05/2020
Key Details
Sold Price $995,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,090 sqft
Price per Sqft $195
MLS Listing ID 20091530
Sold Date 11/05/20
Year Built 1903
Annual Tax Amount $4,127
Tax Year 2019
Property Description
A Great Opportunity Zone 8-Plex Investment in Downtown Newberg with 100% occupancy. The ideal location and unit mix will be easy to rent for years to come. This type of asset provides a profitable, yet affordable housing stock to the most robust demographics in terms of overall demand. Make offers subject to interior inspection. Coin-op washer/dryer for additional income. Property Zoned Commercial for future development potential. Do Not Disturb Tenants.
Location
State OR
County Yamhill
Area _156
Zoning MS
Rooms
Basement Crawl Space
Interior
Heating Zoned
Cooling Window Unit
Exterior
View Y/N false
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Edwards
Middle Schools Mountain View
High Schools Newberg
Others
Acceptable Financing CallListingAgent, Cash, Conventional, OwnerWillCarry
Listing Terms CallListingAgent, Cash, Conventional, OwnerWillCarry
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16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224