1558 E 3RD ST, Newberg OR, 97132

Pending

1558 E 3RD ST

Newberg OR, 97132

$2,850,000

$215.91 per sqft

Pending

21 Beds

14 Baths

13,200 sqft

Multi-family

Built in 1970

Courtesy of GA Cooke Real Estate Services 503-201-2007

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.

23365604

MLSⓇ ID

October 20, 2023

Listed

May 9, 2024

Updated

Map

1558 E 3RD ST
Newberg OR, 97132

Interior Features

Total Stories: 2
Bedrooms: 21
Total Bathrooms: 14
Full Bathrooms: 14
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Zoned

Exterior/Building Features

Lot Features: Level
Roof: Composition
Sewer: Public Sewer

Other Property Details

Area Name: _156
Taxes: $11,254
Tax Frequency: Annually
Days on Market: 196
Garage: No
Parking: Carport, Open
Parking Total: 27
View: No
County: Yamhill
Water Source: Public Water
Pool: No
Zoning: R-3
Buyer Agency Compensation: 2%

Courtesy of GA Cooke Real Estate Services, Glenna Cooke
Listing Contact: 503-201-2007

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This content last updated on 5/9/2024, 9:41 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.