$2,850,000
Pending
16 Days Online
0 Beds0 Baths13,200 SQFT
Pending

1558 E 3rd St Newberg, OR 97132

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Assumable financing at 3.37% is available to a qualified buyer! The 100% occupied Garden Court Apartments were built in 1970 and are comprised of 12 three bedroom one and a half bath townhouse-style apartments. At 1, 100 square feet, the spacious layouts consist of an open floor-plan, W/D hook-ups, modern kitchen amenities, and private fenced in patios. Situated less than a mile from downtown Newberg, the property offers easy access to retail centers, boutique shops, and restaurants. The roof, gutters, and exterior paint were new in 2020. 5.97% cap rate with current rent roll and 2023 financials! Please do not disturb tenants.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyYamhill
  • Taxes$11,253
  • HOA/Condo/Coop Fees$0
  • Days on Site16 Days
  • MLS StatusPending
  • MLS ID Number23365604
  • Home Size Source N/A
  • Year Built1970
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Lot Description Level
  • Construction Lap Siding
  • Sewer Public Sewer
  • Water Public
  • Parking Spaces 27
  • Parking Features CarportOpen
  • Attached Garage No

Interior Features

  • Heating Zoned
  • Basement Crawl Space
  • Stories 2

Exterior Features

  • Parking CarportOpen
  • Roof Type Composition

Community Features

  • HOA Includes SewerTrash CollectionWater

Schools

School District
Unknown
Elementary School
Unknown
Middle School
Mountain View
High School
Unknown

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Monthly Payment (Est.)

$15,200
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