Hard to find triplex, investment opportunity in Newberg on the edge of potential Riverfront Master Plan (buyer to do due diligence). All units have new vinyl windows, entire complex has a new roof. Unit A, the townhouse style unit, has been completely updated top to bottom. Unit B is upstairs w/ a updated bathroom/kitchen, fresh paint & a deck. Unit C is on the main level, similar floor plan as Unit B. All units have washer/dryer hook-ups, refrigerators included. Storage shed for each unit.
Off market
Zestimate®
$630,000
1110 S River St, Newberg, OR 97132
6beds
3baths
2,590sqft
MultiFamily
Built in 1977
-- sqft lot
$630,000 Zestimate®
$243/sqft
$2,152 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Baseboard, Electric
Cooling
- Central, Other
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Features
- Individual Storage Units
- Windows: Window Coverings
- Basement: Crawl Space
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,590 sqft
Property
Features
- Patio & porch: Deck
- Exterior features: Metal
Lot
- Size: 7,744 sqft
- Features: Level
Details
- Parcel number: R3220CC04101
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Approximately
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Newberg
HOA & financial
Other financial information
- Total actual rent: 3450
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- FoundationDetails: Concrete Perimeter
- RoadSurfaceType: Paved
- Zoning: R2
- Appliances: Dishwasher, Refrigerator, Electric Water Heater, Range
- HeatingYN: true
- PatioAndPorchFeatures: Deck
- Utilities: Electricity Connected
- CoolingYN: true
- NumberOfUnitsTotal: 3
- ConstructionMaterials: Aluminum Siding
- Roof: Composition
- LotFeatures: Level
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer
- WindowFeatures: Window Coverings
- OpenParkingYN: true
- Cooling: Other, Air Conditioning
- ParkingFeatures: Paved, Open
- TotalActualRent: 3450
- CapRate: 3.85
- GrossScheduledIncome: 41400
- OperatingExpense: 12868
- MlsStatus: Pending
- InteriorFeatures: Individual Storage Units
- PropertyCondition: Approximately
- GrossIncome: 31710
- NetOperatingIncome: 18841
- TaxAnnualAmount: 3783.78
- Road surface type: Paved
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Estimated market value
$630,000