637 SW 9th Street, Newport, OR 97365 (MLS # 24-1877)
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A prime investment opportunity featuring six fully occupied units. Five of the units offer 2 bedrooms and 1 bathroom each, while the sixth unit offers 3 bedrooms, 2 bathrooms, and washer and dryer hookups. The property includes a common area coin-operated laundry for the convenience of the five smaller units. The exterior of the complex is enhanced with durable Hardi-Plank siding. Recent upgrades include the replacement of the garage roofs in 2023, as well as a complete repainting of the entire complex the same year. The main roof for the units was replaced approximately 5-7 years ago, ensuring long-term durability. For parking, the property provides eight single-stall car garages and an additional ninth oversized garage stall. Inside, the units feature a mix of carpet and linoleum flooring, with some units upgraded to luxury-vinyl plank flooring. Please note, no showings will be scheduled prior to an accepted offer. This fully occupied property is a turnkey investment ready for new ownership.
| DAYS ON MARKET | 95 | LAST UPDATED | 11/18/2024 |
|---|---|---|---|
| TRACT | Bayley and Case's | YEAR BUILT | 1992 |
| COMMUNITY | Newport/South Beach | COUNTY | Lincoln |
| STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Water Heater |
|---|---|
| AREA | Newport/South Beach |
| HEAT | Forced Air |
| LOT | 0.29 acre(s) |
| STYLE | Traditional |
| SUBDIVISION | Bayley and Case's |
| TAXES | 8539.1 |
| UTILITIES | Electricity Available, Natural Gas Available |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | R-4 Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Taylor & Taylor Realty Company
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Data Last Updated: 11/24/24 6:00 AM PST
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