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    1674 SE Morgan Ln

    Mcminnville, OR 97128
    • $435,000
    • STATUS: Pending
    • ON SITE: 13 days
    • MLS #: 21427958
    Pending
    $435,000
    • 4
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,608
      SQFT
    • $271
      $/SQFT
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Rare Opportunity!!! Seller will carry Land Sales Contract w/min. 10% down 6%, 30 yr amort. w/10 yr balloon. Great for a 1st time homebuyer to live in one side w/addt'l income to help make payments or an Investor that wants to add to their portfolio. One side 1672 is vacant w/new carpet & paint, updated kitchen & bath. 1674 is occupied w/updated kitchen & bath. Newer roof &. Hardiplank siding. Corner lot on dead end street. Close to the park. Excellent location close to Linfield College!

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    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-09-26T23:40:20.623.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
    www.nexthomepdx.com/homes/121371331
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    1674 SE Morgan Ln Mcminnville, OR 97128

    • Price: $435,000
    • Status: Pending
    • MLS #: 21427958
    4
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,608
    SQFT
    $271
    $/SQFT
    1965
    Built
    Neighborhood:
    156-Yamhill Co Includes Willamina
    County:
    Yamhill
    Area:
    156-Yamhill Co Includes Willamina
    Elementary School:
    Buel
    Middle School:
    Patton
    High School:
    Mcminnville
    Property Description
    Rare Opportunity!!! Seller will carry Land Sales Contract w/min. 10% down 6%, 30 yr amort. w/10 yr balloon. Great for a 1st time homebuyer to live in one side w/addt'l income to help make payments or an Investor that wants to add to their portfolio. One side 1672 is vacant w/new carpet & paint, updated kitchen & bath. 1674 is occupied w/updated kitchen & bath. Newer roof &. Hardiplank siding. Corner lot on dead end street. Close to the park. Excellent location close to Linfield College!
    Exterior Features

    Exterior Description Cement Siding Lot Description Corner LotLevelTrees Lot Size 7000 To 9999 Sqft Parking Features Paved Roof Type Composition View Trees/Woods View YN Yes Water Description Public

    Interior Features

    Basement None Foundation Details Concrete Perimeter Heating Description Zoned Hot Water Description Electricity Unit Features DishwasherRangeRefrigeratorWasher/Dryer HookupWasher/Dryer Unit Type1 Features DishwasherRangeRefrigeratorWasher/Dryer Hookup Unit Type1 Sq Ft 804 Unit Type2 Features DishwasherRangeRefrigeratorWasher/Dryer Unit Type2 Sq Ft 804

    Property Features

    Bank Owned YN No Capitalization Rate 5.78 CCRs YN No Country Us Fuel Description Electricity Gross Income Actual 28440 Gross Income Projected 30000 Gross Rent Multiplier 15.30 Net Income Actual 25149 Net Income Projected 26709 Occupancy Types LeasedSubsidyVacant Operating Expenses Actual 3291 Operating Expenses Projected 3291 Property Condition Updated/Remodeled Rent Includes None Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 2704.29 Third Party Approval YN No Unit Type1 Units Total 1 Unit Type2 Rent 1165 Unit Type2 Units Total 1 Zoning R2

    Listing provided courtesy of Coldwell Banker Professional.


    Listing content is copyright © 2021 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2021-09-26T23:40:20.623.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
     
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