Listing Courtesy of: Glenna Cooke - GA Cooke Real Estate Services
503-612-9282
$2,795,000
Calculate Payment
Calculate Payment
1558 E 3RD St Unit 1558 Newberg, OR 97132
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.69
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
Assumable financing available for a qualified buyer! Fixed rate of 3.37% through May of 2026! Strong occupancy history with upside in rents based on most recent highest achieved of $2,025! A 6.01% cap rate on actuals and 7.94% on pro forma. The Garden Court Apartments were built in 1970 and are comp...rised of 12 three-bedroom one-and-a-half bath townhouse-style apartments. At 1,100 square feet, the spacious layouts consist of an open floorplan, modern kitchen amenities, washer dryer hook ups, and private fenced in patios. Three buildings, with wood-framed construction and pitched composition shingle roofs make up the complex. All units have vinyl windows and sliders. Ample parking with one covered parking spot and one uncovered parking spot per unit. All three buildings received new exterior paint, gutters and roofs in 2020.
Continue reading
MLS#
24507209
Property Type
Multi-Family
Status
Year Built
1970
Lot Size
0.69
Sewer
Public Sewer Available
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Get prequalified today and learn more.
Rental Valuation Estimate
Per Month
Nearby Homes For Sale
Just Listed
And
Homes Available
In