OR > Mc Minnville > Mcminnville Mfr 4+
Mc Minnville, OR 97128,605 NW ADAMS ST
Mc Minnville, OR 97128,605 NW ADAMS ST
Mc Minnville, OR 97128,605 NW ADAMS ST
Mc Minnville, OR 97128,605 NW ADAMS ST
Mc Minnville, OR 97128,605 NW ADAMS ST
Mc Minnville, OR 97128,605 NW ADAMS ST
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Nathan Stancil

Nathan Stancil

+1(503) 621-4693
Listed by Bella Casa Real Estate Group • 971-219-9858
$ 2,000,000
Est. payment | /mo

0.61 Acres Lot

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$ 2,000,000
Est. payment | /mo
Save

0.61 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Mcminnville Mfr 4+

MLS Listing ID 225377294

Year Built 1970

Annual Tax Amount $17,930

Tax Year 2024

Lot Size 0.610 Acres

Property Description

SIGNIFICANT INTEREST. MULTIPLE OFFERS WILL BE REVIEWED TUES FEB 18th. Rare opportunity to purchase a 20 unit apartment complex just 3 blocks from McMinnville's historic downtown 3rd St! 18 two bedroom/one bathroom units and 2 three bedroom/one bathroom units, there is onsite coin operated laundry for tenant use. Buildings will need to be improved, but there is significant potential for rent growth. 0%. vacancy with waitlisted applications. Full basement in one building could be sectioned off for tenant storage, and the 26,419 square foot lot has space to add more parking, or even build an on-site manager dwelling. Buyer to do all due diligence with the city, etc. Apartment square footage to be estimated and updated soon.

Location

State OR

County Yamhill

Community Alllandscaping, Laundry

Area _156

Zoning R4

Rooms

Basement Full Basement

Interior

Heating Baseboard

Exterior

Community Features AllLandscaping, Laundry

Roof Type Flat,Membrane

Garage No

Building

Lot Description Corner Lot, Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Memorial

Middle Schools Duniway

High Schools Mcminnville

Others

Acceptable Financing Cash

Listing Terms Cash

Regional Multiple Listing Service (RMLS)
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 621-4693

nathan@stancilre.com

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605 NW ADAMS ST