$889,000
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1127 SW ABBEY St Unit 1127 Newport, OR 97365
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.22
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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A 7-bedroom, 5-bath, four-unit property that offers a hilltop location in Newport. The property is located near the hospital and Bayfront. Currently, 3 out of the 4 units are rented, providing rental income. The property has been well-maintained, including a new roof installed in 2023, featuring a c...omposition roof on the main building and a membrane roof over the apartments. With 6 parking spaces, a dedicated garbage area, and a shared laundry room, it ensures both convenience and practicality for tenants. The units consist of a spacious 3-bedroom, 2-bath unit, a ground-floor 1-bedroom, 1-bath unit with a den, a 2-bedroom, 1-bath unit, and a studio. Additionally, the sale includes a contiguous 5,000 square foot lot, offering excellent potential for future development or expansion. Buyer to perform Due Diligence with the City of Newport.Showings will only be scheduled with an accepted offer. Buyer to assume all tenants at close of escrow.
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MLS#
24249787
Property Type
Multi-Family
Status
Year Built
1935
Lot Size
0.22
Sewer
Public Sewer Available
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