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.
Sold
$690,000
421 S College St, Newberg, OR 97132
8beds
2,576sqft
Multi Family
Built in 1903
-- sqft lot
$693,000 Zestimate®
$268/sqft
$1,846 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 08, 2024 at 07:23am
Listed by:
Kenneth Marshall 541-754-7314,
Vintage Realty Northwest,
Ashley Lacer 541-231-7788,
Land Leader
Bought with:
Jacob Hemstreet, 201225978
Berkshire Hathaway HomeServices NW Real Estate
Source: RMLS (OR),MLS#: 24672883
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air, Mini Split
Appliances
- Included: Range, Refrigerator, Electric Water Heater, Gas Water Heater
- Laundry: Common Area
Features
- Basement: Full,Storage Space
Interior area
- Total structure area: 2,576
- Total interior livable area: 2,576 sqft
Property
Parking
- Total spaces: 4
- Parking features: Open, Paved
- Has uncovered spaces: Yes
Features
- Stories: 3
Lot
- Size: 7,405 sqft
- Dimensions: 100 x 75
- Features: Corner Lot, Level, SqFt 7000 to 9999
Details
- Parcel number: 52203
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cedar, Lap Siding, Wood Siding
- Foundation: Block, Other
- Roof: Composition
Condition
- Existing
- Year built: 1903
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Community & neighborhood
Community
- Community features: Laundry
Location
- Region: Newberg
- Subdivision: Edwards Addition
HOA & financial
Other financial information
- Total actual rent: 5315
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$693,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$693,000