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Off market
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    • Price Unknown

    204 S Meridian St, Newberg, OR 97132

    20beds
    8baths
    5,090sqft
    MultiFamily
    Built in 1903
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,582 Estimated rent

    What's special

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 8
    Heating
    • Electric
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Windows: Window Coverings
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 5,090 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage - Detached
    Lot
    • Features: Level
    Details
    • Zoning: MS

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1903

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & neighborhood

    Location
    • Region: Newberg

    HOA & financial

    Other financial information
    • Total actual rent: 7748

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Appliances: Refrigerator, Electric Water Heater, Range
    • GarageYN: true
    • HeatingYN: true
    • Utilities: Electricity Connected
    • CoolingYN: true
    • FoundationDetails: Slab
    • Heating: Zoned
    • NumberOfUnitsTotal: 8
    • Zoning: MS
    • Roof: Composition
    • LotFeatures: Level
    • LeaseTerm: Month To Month
    • Cooling: Window Unit(s)
    • Basement: Crawl Space
    • FarmLandAreaUnits: Square Feet
    • ParkingFeatures: Detached, Paved
    • ConstructionMaterials: Cedar
    • RentIncludes: Water, Sewer, Trash Collection, Maintenance Grounds
    • WindowFeatures: Window Coverings
    • CapRate: 6.13
    • MlsStatus: Pending
    • PropertyCondition: Approximately
    • TotalActualRent: 7748
    • GrossIncome: 93912
    • NetOperatingIncome: 64321
    • OperatingExpense: 29591
    • TaxAnnualAmount: 4127.07
    Services availability

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