611 E HANCOCK ST, Newberg, OR 97132

$1,049,900
5,340
SqFt

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List Price
$1,049,900
Days on Market
3
MLS#
759028435
Property Type
Multifamily
Sqft. of Residence
5,340
Lot Size
10, 000 to 14, 999 SqFt
Region
Yamhill County including Willamina
Status
ACTIVE

Property Description

Fully rented six-unit apartment complex in the heart of Newberg, near George Fox University and downtown shopping, dining, and coffee shops. Every apartment is currently rented, offering an established rental property with existing tenants in place.This two-story building features approximately 5,340 square feet, with spacious apartments ranging from approximately 870 to 930 square feet. Off-street parking adds everyday convenience, and washer/dryer hookups are listed in five of the six units. Public water and sewer serve the property.The central location provides convenient access to local services, Highway 99W, and the surrounding Willamette Valley wine country. Whether expanding an existing rental portfolio or purchasing your first apartment building, this fully occupied property offers an opportunity to own six rental units in a convenient Newberg location.Please do not bother tenants. No showings will be permitted until a purchase agreement has been accepted by the seller.

Additional Information

Tax Amount
$5,700
Year Built
1979
High School
Newberg
Elementary School
Antonia Crater
Middle School
Chehalem Valley
Acres
0.23
Living Area
5,340
Stories
2
Terms
Cash, Other
Fuel Description
Electricity
Heating Description
Wall Furnace
Hoa Rent Includes
Trash Collection
Exterior Description
Brick, Cedar, Cement Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Off Street, Open
Parking Description
Off Street, Open
Number Of Units Total
6
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1050
Unit Type One Sq Ft
870
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
3
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
2
Unit Type Three Rent
1450
Unit Type Three Sq Ft
870
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
2
Unit Type Four Rent
1450
Unit Type Four Sq Ft
870
Unit Type Four Units Total
1
Unit Type Five Rent
1400
Unit Type Five Sq Ft
930
Unit Type Five Units Total
1

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Listing courtesy of Berkshire Hathaway HomeServices NW Real Estate.

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