1094 S PENNINGTON DR new

Newberg,OR 97132

$ 699000

- Bed

- Bath

2624 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,624 sqft

Price per Sqft $266

MLS Listing ID 216845298

Year Built 2005

Annual Tax Amount $4,313

Tax Year 2024

Lot Size 0.260 Acres

Property Description

Prime Investment Opportunity in North Newberg Near George Fox University! This well-located duplex features two spacious units—each offering 2 primary suites, a main-level half bath, a nice sized kitchen and an open great room. Both units include fully fenced yards and a single-car garage. Sitting on a large lot, there's exciting potential for development—divide the lot, add another unit, or even build a single-family home (Buyer to verify all potential uses with the city). Unbeatable location close to George Fox University, Chehalem Cultural Center, Chehalem Park & Rec, local parks, shopping, dining and countless vineyards and wineries. Please do not disturb tenants. Offers should be made subject to interior inspection of Unit 2. Buyer to honor existing tenants at closing. Don't miss this versatile and rare opportunity within walking distance to GFU & in the heart of wine country!

Location

State OR

County Yamhill

Area _156

Zoning R2

Rooms

Basement Crawl Space

Interior

Heating Zoned

Cooling None

Exterior

Garage Spaces 2.0

View Seasonal

Roof Type Composition

Garage No

Building

Lot Description Flag Lot, Level

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Joan Austin

Middle Schools Mountain View

High Schools Newberg

Others

Acceptable Financing Cash,Conventional,FHA,USDALoan,VALoan

Listing Terms Cash,Conventional,FHA,USDALoan,VALoan

Virtual Tour https://media.pacwestrmg.com/1094-S-Pennington-Dr/idx

View More
Favorite Go Tour