637 Sw 9th Street, Newport, OR

$1,325,000

Previous Next

13

Beds

7

Baths

7,560

Square feet

0.29

Acres

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
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
Area Newport
Subdivision Bayley and Case's
City Newport
County Lincoln
State OR
Zip Code 97365

Amenities

Parking Spaces 9
# of Garages 7
Garages Attached
View None
Is Waterfront No
Waterfront None

Interior

Heating Forced Air, Gas
Has Basement No

Additional Information

Date Listed August 21st, 2024
Zoning R-4 Residential
Short Sale No
RE / Bank Owned No

Listing Details

AgentDennis M Regen
OfficeTaylor & Taylor Realty Company

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?