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Listed by Berkshire Hathaway HomeServices NW Real Estate
$699,000
Est. payment /mo
2,624 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,624 sqft
Price per Sqft $266
MLS Listing ID 216845298
Year Built 2005
Annual Tax Amount $4,313
Tax Year 2024
Lot Size 0.260 Acres
Property Description
Prime Investment Opportunity in North Newberg Near George Fox University! This well-located duplex features two spacious units—each offering 2 primary suites, a main-level half bath, a nice sized kitchen and an open great room. Both units include fully fenced yards and a single-car garage. Sitting on a large lot, there's exciting potential for development—divide the lot, add another unit, or even build a single-family home (Buyer to verify all potential uses with the city). Unbeatable location close to George Fox University, Chehalem Cultural Center, Chehalem Park & Rec, local parks, shopping, dining and countless vineyards and wineries. Please do not disturb tenants. Offers should be made subject to interior inspection of Unit 2. Buyer to honor existing tenants at closing. Don't miss this versatile and rare opportunity within walking distance to GFU & in the heart of wine country!
Location
State OR
County Yamhill
Area _156
Zoning R2
Rooms
Basement Crawl Space
Interior
Heating Zoned
Cooling None
Exterior
Garage Spaces 2.0
View Seasonal
Roof Type Composition
Garage No
Building
Lot Description Flag Lot, Level
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Joan Austin
Middle Schools Mountain View
High Schools Newberg
Others
Acceptable Financing Cash, Conventional, FHA, USDALoan, VALoan
Listing Terms Cash, Conventional, FHA, USDALoan, VALoan
Virtual Tour https://media.pacwestrmg.com/1094-S-Pennington-Dr/idx
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