421 S COLLEGE ST Pending

Newberg,OR 97132

$ 685000

- Bed

- Bath

2576 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,576 sqft

Price per Sqft $265

Subdivision Edwards Addition

MLS Listing ID 24672883

Year Built 1903

Annual Tax Amount $3,892

Tax Year 2023

Lot Size 7,405 Sqft

Property Description

Great opportunity in charming historical area of residential homes in Newberg for owner/occupants or seasoned investors. Classic, stately design. Close to parks, schools, shops, and George Fox University. Renovated units, tenants pay for own gas, electricity and garbage. New roof and exterior paint in 2019. Proven performer! Three units renovated with new flooring, cabinets, paint, and furnaces in last 2-3 years. Exterior paint on south side will be repainted. 6% Cap rate on actuals without management.

Location

State OR

County Yamhill

Community Laundry

Area _156

Zoning R2

Rooms

Basement Full Basement, Storage Space

Interior

Heating Forced Air, Mini Split, Wall Heater

Exterior

Community Features Laundry

Roof Type Composition

Parking Type Open, Paved

Garage No

Building

Lot Description Corner Lot, Level, Public Road

Story 3

Foundation Block, Other

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Edwards

Middle Schools Mountain View

High Schools Newberg

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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