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1007 SW Alder St, Newport, OR 97365$950,000

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bed
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bath

Listing provided courtesy of Gabe Johansen, SMI Commercial Real Estate LLC
Source RMLS;
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6 unit apartment building plus 1 cottage on a separate tax lot - sold together. A mix of studio ,one bed and 2 bed units. $1300 is highest achieved rent. Includes bare land for potential additional development. Plenty of rent upside. Well maintained. Please do not disturb the residents.

HOA

No HOA

On market

5 months

Year built

1948

Property type

Multi-Family

Parking

MLS

22373090

Price / Sq.Ft.

ft2

Status

Active

Buyer’s Brokerage Commission

2.5%

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Home details for 1007 SW Alder St

Interior Features & Layout
Heating & Cooling
•   
Heating Details: Other
Property, Lot, Community & Exterior Features
Lot Info
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Zoning Type: c1
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Legal Description: BAYLEY AND CASE'S SECOND ADDN., BLOCK 37, LOT 12, DOC201710749
Building Info
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Property Condition: Approximately
•   
Total Sq. Ft.: 4637.0
•   
MLS Property Type: Multi Family
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Number of Stories: 2
Utilities & Other Information
Water & Sewer Info
•   
Water Source: Public Water
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Hot Water Source: Electricity
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Sewer: Public Sewer
Listing Details, Costs & Financing Information
Terms
•   
Terms: Cash, Conventional
Listing Details
•   
Seller Disclosure: Disclosure
•   
Status: Active
•   
Offers: Call Seller's Agent
Tax/Assessment Info
•   
Tax Year: 2021
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Taxes: 3206.25
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APN: R531268
School Neighborhood & Directions
Location
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Zip Code: 97365
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Area: Lincoln County
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Directions: hwy 101 south to Alder. East on Alder to property
School Info
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High School: Newport
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Middle School: Newport

Neighborhood snapshot

3
Properties for sale
9
Median days on market
$275.92
Median sold price/sqft
101.67%
Sold/List %
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Property History for 1007 SW Alder St

06/23/2022
06/23/2022
RMLS #22373090
active
RMLS #22373090
$999,000

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