Bought with Oregon First
$693,500
$675,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
1,953 SqFt
SOLD DATE : 04/25/2024
Key Details
Sold Price $693,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,953 sqft
Price per Sqft $355
MLS Listing ID 24534004
Sold Date 04/25/24
Year Built 1972
Annual Tax Amount $4,792
Tax Year 2023
Lot Size 6,534 Sqft
Property Description
Hard to find triplex, C-3 zoning, close to McMinnville's Historic Downtown! Prime location on a corner lot, this triplex is well maintained and a great investment opportunity! Each unit features a living room, kitchen, 2 bedrooms, 1 bath, laundry hookup and private patio. Off street parking available. Income/Expenses Note: Actual expenses listed are based off a three year average. Annual Gross income is projected to include an increase that will occur in June 2024 and market rent on the current vacancy. Excellent investment opportunity or owner-occupied with rental income. Buyer to perform due diligence on zoning opportunities. Buyer to do due diligence on sqft per unit. Square footage estimate per unit is based on the property profile total square footage/ divided by 3 units
Location
State OR
County Yamhill
Area _156
Zoning C-3
Rooms
Basement Crawl Space
Interior
Heating Ceiling
Exterior
Roof Type Composition
Parking Type Driveway, Paved
Garage No
Building
Lot Description Corner Lot, Level
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Buel
Middle Schools Patton
High Schools Mcminnville
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Principal Broker | Lic# 910900068