309 W Sherman St - Dormitory FOR SALE


Newberg, OR 97132
$529,900 USD
503-888-9444
309 W Sherman St, Newberg, OR for Sale
$529,900 USD
Dormitory - FOR SALE
1/35
null | 6.34% Cap Rate

309 W Sherman St
Newberg, OR 97132


HIGHLIGHTS

  • Property Has Long Time Renters Already in Place
  • George Fox University is in Newberg, Oregon
  • Walking Distance to Downtown Newberg

OVERVIEW

($20,000 PRICE REDUCED)Fantastic investment opportunity in Newberg, Oregon! This 1616SF duplex is two units. One unit on the main floor features a living room, kitchen, 2 bedrooms,1 bathroom and it also features an upstairs bonus room and has 989 square feet. It currently rents for $1820/mo. The second unit features 1 bedroom and 1 bathroom with and it's own laundry and Kitchen and has approx. 627sf. It currently rents for $1400/mo. This property has two backyards and a 1 car attached garage. Nice front porch and is close to downtown Newberg. Great for George Fox University Rental.

FOR SALE DETAILS

PRICE

$529,900 USD

PRICE/SF

$328 USD /SF

# OF UNITS

2

PRICE/UNIT

$264,950

CAP RATE

6.34%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

UPDATED DUPLEX IN NEWBERG, OREGON

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Dormitory

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2001

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,500 SF

ZONING

R-2

APN/PARCEL ID

517888

ASK ABOUT THIS PROPERTY

Teri SteneckValley Realty ProfessionalsMore Info
503-888-9444

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Teri SteneckValley Realty ProfessionalsMore Info
503-888-9444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.