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Listed by Premiere Property Group, LLC
$999,999
Est. payment /mo
3,728 SqFt
Active
1552 E 3RD ST Newberg, OR 97132
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,728 sqft
Price per Sqft $268
MLS Listing ID 460648136
HOA Y/N No
Year Built 2006
Annual Tax Amount $6,575
Tax Year 2025
Lot Size 10,018 Sqft
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. DO NOT DRIVE ON PROPERTY. DO NOT DISTURB TENANTS.
Location
State OR
County Yamhill
Area _156
Zoning Multi
Rooms
Basement None
Interior
Heating Zoned
Exterior
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Edwards
Middle Schools Mountain View
High Schools Newberg
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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