1558 E 3RD ST
NEWBERG, OR 97132

$2,850,000

0 Beds

0 Baths

13,200 Sq Ft

Status Active

MLS# 23365604

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.

Details for 1558 E 3RD ST

$216 / Sq Ft

27 parking spaces

Zoned

244 Days on website

Interior

Living Area

13,200 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Townhouse

Property Type

Residential

Year Built

1970

Exterior And Lot

Lot Features

Level

Parking Features

Carport, Open

Parking Total

Zoning

R-3

Utilities

Heating

Zoned

Area And Schools

City

Newberg

County Or Parish

Yamhill

Middle Or Junior School

Mountain View

Financial Info

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$11,253.81

Tax Year

2023