707 NE 5TH ST, McMinnville, OR 97128

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List Price
$645,000
Days on Market
64
MLS#
194219145
Property Type
Multifamily
Sqft. of Residence
1,906
Lot Size
3, 000 to 4, 999 SqFt
Region
Yamhill County including Willamina
Status
ACTIVE

Property Description

Seller financing available with sufficient down payment. Fully leased 1,903 SF Victorian — 4 bedrooms, 2 baths, two full kitchens, and a fourth bedroom with wet bar that lets the floor plan divide cleanly into two independent living areas. Flexible O-R zoning keeps the other doors open: professional office, live-work, duplex, or extended corporate stays of 30 days or more. Four off-street parking spaces, a rarity this close to Third Street. The building sits high on a corner lot two blocks from Third Street, two from the Yamhill County Courthouse, and two from the Granary District — with the elevation and frontage that make a building get noticed. Built in 1920, its turn-of-the-century detail has been carefully preserved. A single tenant currently leases the entire space and pays all utilities. Buy the income, or step into it yourself.

Additional Information

Tax Amount
$4,295
Year Built
1920
High School
McMinnville
Elementary School
Memorial
Middle School
Patton
Living Area
1,906
Terms
Cash, Contract, Conventional, FHA, Owner Will Carry
Fuel Description
Electricity
Heating Description
Forced Air
Hoa Rent Includes
Maintenance Grounds
Exterior Description
Wood Siding
Sewer Description
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Constant Commercial Real Estate Inc.

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