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1536 E 3RD ST Newberg, OR $ 6,200,000
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$ 6,200,000 Get more info
1536 E 3RD ST
$ 6,200,000
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1536 E 3RD ST

Newberg, OR, 97132
$ 6,200,000
Bedrooms3 Baths1.0 Sq 29,380

Monthly Estimate*

$ 41,207

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Multi-Family Home for sale in Newberg, OR

for $6,200,000 with 3 bedrooms and 1 full bath. This 29,380 square foot home was built in 1970.

26 units all 3/1 constructed in 1970. 5.9% cap on actuals. Property features plank flooring, upstairs carpeting, granite kitchen counters, fiber optic internet, plenty of storage, spacious grounds, onsite laundry. Improves include (2018)-drivelane asphalt was removed and replaced with 3" of new hot asphalt, (2021)-asphalt crackfill, sealcoat & restripe, (2022)-roofs fully torn off and replaced all sheathing replaced as needed. Partial siding replacement as needed. Full exterior repaint

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Multi-Family Active

Price

$ 6,200,000

Bedrooms

3

Full Bath

1

Property Type

Multi-Family

Taxes

$ 22,608

Style

Year Built

1970

Town/City

Newberg

County/Region

Yamhill

MLS | Web ID

23402832
Features
General
Sewer PublicSewer
Heating Other
Zoning R-3
Year Built 1970
Stories 2
Tax Year 2022
Gross Income 0
County Yamhill
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
Rent Includes None
Status Active
Directions E 1st to S Church to E 3rd. East on 3rd to property
High School Yamhill-Carlton
City Newberg
NumberOfUnitsTotal 26
MLS Area _156
Street Name 3RD
Listing Terms Cash Conventional
Elementary School Yamhill
Tax Annual Amount 22608.18
Middle/Junior High School Yamhill
Property Condition Approximately
Days on Market 339
Standard Status Active
Legal Description LOTS 9 & 12 & PT LOTS 8 10 & 11 IN HOBSONS ADDITION
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Exterior
Water Source PublicWater
Building Area Total 29380.0
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Interior
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 3
Street Suffix ST
Unit Type UnitTypeType1
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Internal Only
Street Number 1 1536
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* Excluded Features
List By
Smi Commercial Real Estate Llc

Broker

gabe@smicre.com

Email

Affordability Calculator

$43,091
Per Month
96%
4%
0%
Monthly Principal & Interest
$41,207
Monthly Property Taxes
$1,884
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949023 Elementary School
1949052 Middle School
Yamhill-Carlton High School High School
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Pricing History
DatePricePrice ChangeDescription
6/26/2023$620,000 Listed Price

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1536 E 3RD ST, Newberg, OR, 97132 is a Multi-Family Home for sale at $6,200,000 with 29,380 sqft. 1536 E 3RD ST has 3 bedrooms, 1.0 baths, and was built in 1970. The property's zip code is 97132 which is in Newberg, OR

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