524 E MICHELLE CT Newberg, OR97132
$419,900
2 total units
5 total bedrooms
3 total bathrooms
$21,600 annual income
Capitilization Rate: 4.05
2336 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Edwards
Middle School: Chehalem Valley
High School: Newberg
Zoning: R2
1319 days on market
Tour #1Tour #2VestorFilter™
Price per unit$210K/unit
Price per ft²$179.75/ft²
Recent price drop$20,000
Price per acre$2.55M/ac
Price per bedroom$84K/bed
Time on market1319 days
Property Description
This duplex offers a 3 bed, 2 bath unit, and a 2 bed, 1 bath unit. Current owner has enjoyed long-term tenants who have treated property extremely well. Within the past year, Unit B (smaller unit) has fresh interior paint, new appliances, carpet and lights, among other small updates. Laundry hook-ups are in the garage on both units. Great potential to live in one unit, and rent out the other. Contact Listing Agent for rental income specifics. Buyer to do due diligence regarding tenant laws.
{{ compliance-logo }}Listing Provided By Willcuts Company Realtors
Financial Data
Date Sold2021-01-25
Sold Price$419,900
Price ChangeDropped $20,000 on 01/26/2021
Total $30,000 drop
Total $30,000 drop
Original Price$449,900
Current Price$419,900
Property Taxes$3,423
Find On Map
Home Facts
StatusSold
Year Built1993
Exterior Features
MLS ID20441759
Unit Details
Unit 1
Unit 2
