MLS# 24522531 – 1672 Sw Fellows St, Mc Minnville, OR 97128 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Coldwell Banker Professional.

Property Description

Description

2 Units

Status: Active

Year Built: 1994

Neighborhood: Tall Oaks 5th

Days on Website: 161

Great investment opportunity. Rare duplex property in a great location conveniently located near schools. Each unit has 3 bedrooms, 1.5 baths, range, refrigerator, washer dryer (except unit 1672) & garages. Generously sized yard. Seller will be doing a 1031 tax sheltered exchange at no cost to the Buyers

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

2350

Built in 1994

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Expenses

Operating Expense:

$7,192

Exterior Features

Exterior Description:

CementSiding

Heating

Heating Available

Heating:

Zoned

Income

CAP Rate:

4.15

Gross Income:

$30,300

Gross Rent Multiplier:

18.48

Net Operating Income:

$23,228

Listing

Contract Status Change Date:

2024-06-13

Days On Market:

162

Last Transaction Date:

2024-09-10 17:22:12

List Price:

$560,000

Listing Contract Date:

2024-06-13

Listing Id:

24522531

Mls Status:

Active

Modification Timestamp:

2024-09-10 17:22:12

On Market Date:

2024-06-13

Rent Includes:

MaintenanceGrounds

Standard Status:

Active

Location

MLS Area Major:

_156

Subdivision Name:

TALL OAKS 5TH

County Or Parish:

Yamhill

Lot

Features:

Level

Size Acres:

0.2

Size Range:

SqFt7000to9999

Size Square Feet:

8,712

Size:

7,000 to 9,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Driveway,Garage

4 total parking spots

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Zoning:

R-2

Roof

Roof:

Composition

Schools

High School:

McMinnville

Middle Or Junior School:

Duniway

Elementary School:

Columbus

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,343

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,600

Area:

1180

Features:

Dishwasher,Disposal,Range,Refrigerator

Units Total:

2 total bathrooms

3 total bedroom

Unit Two

Actual Rent:

$925

Area:

1170

Features:

Dishwasher,Disposal,Range,Refrigerator

Units Total:

2 total bathrooms

3 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$560,000 -

1672 Sw Fellows St Mc Minnville , OR 97128

MLS Area Major: _156

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.