822 S COLUMBIA ST Newberg OR 97132-3744

Fully renovated, well maintained 2 bedroom/1 bath 6 plex located in central Newberg. Major capital improvements include: new plumbing, updated electrical panels, wall heaters, windows, exterior and interior paint, LVP flooring, carpet, cabinets, quartz countertops, fixtures, and hardware. Newer, recently cleaned roof and gutters. Each unit has a slider off the dining nook leading to a private patio and backyard. This property offers a large paved parking area, on site laundry, and individual storage rooms. Location is near George Fox University with convenient access to Highway 99. Residents benefit from easy walking distance to Memorial Park, Rotary Centennial Park, and Hoover Park. Daily shopping and services are nearby, including One Everest Center, Vintage Square, and Crossroads Plaza, all within a four minute drive. Providence Newberg Medical Center is also just minutes away. Professionally managed with consistent rental history, this strong investment opportunity offers a balance of accessibility combined with Newberg’s close knit community. Financials available upon request.

• 100% Occupied!

• 5,310 sq. ft. Rentable Area

• 15,000 sq. ft. Land Area

• Built in 1976/Remodeled

• Property is in Excellent Condition

• Gross Income: $107,547

• Operating Expenses: $19,648

• Net Income: $87,890

• 5.5 Cap Rate