MLS# 24101107 – 708 Se Davis St, Mc Minnville, OR 97128 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Property Details and Features

Unit Two

Area:

900

Actual Rent:

$1,280

Features:

Dishwasher,Disposal

Units Total:

2 total bathrooms

2 total bedroom

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

7200

Built in 1971

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5,UnitTypeType6,UnitTypeType7

Cooling

Cooling Equipped

Cooling:

WindowUnit

Expenses

Operating Expense:

$30,663

Exterior Features

Exterior Description:

T111Siding,WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating:

WallHeater

Income

CAP Rate:

6.58

Gross Income:

$106,200

Gross Rent Multiplier:

10.36

Net Operating Income:

$72,351

Listing

Contract Status Change Date:

2024-05-09

Days On Market:

196

Last Transaction Date:

2024-10-15 08:39:23

List Price:

$1,100,000

Listing Contract Date:

2024-05-09

Listing Id:

24101107

Mls Status:

Active

Modification Timestamp:

2024-10-15 08:39:23

On Market Date:

2024-05-09

Previous List Price:

$1,300,000

Rent Includes:

MaintenanceGrounds

Standard Status:

Active

Location

MLS Area Major:

_156

County Or Parish:

Yamhill

Lot

Features:

Level,Sloped

Size Acres:

0.56

Size Dimensions:

24393sf

Size Range:

SqFt20000toAcres1

Size Square Feet:

24,393

Size:

20,000 SqFt to .99 Acres

Miscellaneous

Investor Information:

AnnualPropertyOperationData,Leases,MaintenanceRecordsAvailable,ProfitLossStatement

Parking

Features:

Assigned

14 total parking spots

Possession

Possession:

SubjectToTenantRights

Property

Number Of Units Total:

Property Condition:

Existing

Property View

Zoning:

R-4

Roof

Roof:

Metal

Schools

High School:

McMinnville

Middle Or Junior School:

Patton

Elementary School:

Buel

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$8,285

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,275

Area:

1200

Features:

Dishwasher,Disposal,WasherDryer

Units Total:

2 total bathrooms

3 total bedroom

Unit Three

Actual Rent:

$1,150

Area:

900

Features:

Dishwasher,Disposal

Units Total:

2 total bathrooms

2 total bedroom

Unit Four

Actual Rent:

$1,400

Area:

1200

Features:

Dishwasher,Disposal,WasherDryer

Units Total:

2 total bathrooms

3 total bedroom

Unit Five

Actual Rent:

$1,250

Area:

900

Features:

Dishwasher,Disposal

Units Total:

2 total bathrooms

2 total bedroom

Unit Six

Actual Rent:

$1,095

Area:

900

Features:

Dishwasher,Disposal

Units Total:

2 total bathrooms

2 total bedroom

Unit Seven

Actual Rent:

$1,400

Area:

1200

Features:

Dishwasher,Disposal,WasherDryer

Units Total:

2 total bathrooms

3 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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708 Se Davis St Mc Minnville , OR 97128

Property Description

Description

Open House

Open House

Property Details and Features

Property Details and Features

Contact an Agent

John Wesley McPherson, Jr., CFA

Location

Street View

Nearby Schools

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