About 637 Sw 9th Street
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 linoleumflooring, 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.
Features of 637 Sw 9th Street
MLS® # | 24-1877 |
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Price | $1,325,000 |
Bedrooms | 13 |
Bathrooms | 7.00 |
Square Footage | 7,560 |
Acres | 0.29 |
Year Built | 1992 |
Type | Multi-Dwelling |
Style | Traditional |
Status | Pending |
Community Information
Address | 637 Sw 9th Street |
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Area | Newport |
Subdivision | Bayley and Case's |
City | Newport |
County | Lincoln |
State | OR |
Zip Code | 97365 |
Amenities
Parking Spaces | 9 |
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# of Garages | 7 |
Garages | Attached |
View | None |
Is Waterfront | No |
Waterfront | None |
Interior
Heating | Forced Air, Gas |
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Has Basement | No |
Additional Information
Date Listed | August 21st, 2024 |
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Zoning | R-4 Residential |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Dennis M Regen |
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Office | Taylor & Taylor Realty Company |