OR > Newberg
Newberg, OR 97132,607 W 1ST ST
Newberg, OR 97132,607 W 1ST ST
Newberg, OR 97132,607 W 1ST ST
Newberg, OR 97132,607 W 1ST ST
Newberg, OR 97132,607 W 1ST ST
Newberg, OR 97132,607 W 1ST ST
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Matt Willcuts

Matt Willcuts

+1(503) 807-8008
Listed by Burright Realty Group LLC • Debbi@BurrightRealtyGroup.com
$ 1,199,990
Est. payment | /mo

3,426 SqFt

Save
$ 1,199,990
Est. payment | /mo
Save

3,426 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,426 sqft

Price per Sqft $350

MLS Listing ID 216501468

Year Built 1998

Annual Tax Amount $6,871

Tax Year 2024

Lot Size 0.260 Acres

Property Description

If you have always wanted to own an investment property, but found there was always too much to fix up or repair to bring in great revenue? Well this triplex is one that will save you all the trouble and expense. It has been extensively remodeled in 2020/2021 and has a consistent rental history. Designed with ease of maintenance, all the major work has been done. No need to use your money to fix it up. Gross receipts of nearly 80K/year and low expenses make for lucrative passive income. All units are on renewed 12 month leases at great market rates with some room for increases. New or newer - LVP Floors, carpets, roof, TREX decking/steps, appliances, granite, light fixtures, plumbing fixtures, and so much more. Each unit offers affordable central HVAC and indoor washer/dryer hook-up. The updated look of each unit makes them very easy to rent at market rate and stay rented. Landlord only pays water/sewer with low cost internet paid for Unit 3 because of a security camera and light. That unit has also been an owner's unit and comes with upgraded appliances/HVAC/Air Cleaner. Please do not drive onto property or disturb the tenants. There is no sign on the property. Write offers subject to interior walk-thru upon approved offer with verified funds or loan approval letter. Buyer to verify schools. No Seller Carry.

Location

State OR

County Yamhill

Area _156

Zoning R2

Rooms

Basement Crawl Space

Interior

Heating Forced Air, Forced Air90

Cooling Central Air

Exterior

Garage Spaces 3.0

Roof Type Composition,Shingle

Garage No

Building

Lot Description Flag Lot, Gated, Level, Private

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Middle Schools Dayton

Others

Acceptable Financing Cash, Conventional, FHA, StateGILoan, USDALoan, VALoan

Listing Terms Cash, Conventional, FHA, StateGILoan, USDALoan, VALoan

Regional Multiple Listing Service (RMLS)
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607 W 1ST ST