809 NE Evans St, McMinnville, OR 97128

$1,999,000

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Property Description

This sale includes two income-producing homes and properties. Investment Opportunity!! Historic original condition remodeled 1925 Colonial style Tuscan Bed & Breakfast at 809 NE Evans St It features 6 bedrooms and 6.5 baths, including an ADU (the ADU primary is used for working quarters). Guests will be entertained & provided a gourmet breakfast daily in the formal dining room. They can enjoy socializing in several different settings, both indoors and outdoors. The basement serves as the owner's quarters. There is a non-conforming bedroom without egress that includes a full bath. This historic 1913 Craftsman duplex, used as a short-term rental at 419 NE 8th St features an upstairs one-bedroom suite with a kitchen and a downstairs one-bedroom suite with a kitchen. Includes a 24x30 detached garage, space for gardening, and a mini-split/AC unit. Properties are located blocks away from Mac's historic downtown setting. Financials for the last three years can be provided upon the buyer's request. Bedrooms, bathrooms, & square footage include both properties & ADU.

809 NE Evans St | MLS# 361438370

This multi-family property located at 809 NE Evans St, McMinnville, OR 97128 is currently listed for sale with an asking price of $1,999,000. Search Mcminnville real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: FullBasement, Unfinished
Basement: Yes
Cooling: Heat Pump, MiniSplit
Fuel Type: Electricity
Heating: Heat Pump, Mini Split
Lot Size: 0.46 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $11,515
Year Built: 1925
Square Feet: 8,460

Units

Unit Type 1:
Bathroom(s): 6
Bedrooms: 6
Features: Dishwasher, Disposal, HardwoodFloors, Refrigerator
Square Footage: 6428
Total Units: 1
Unit Type 2:
Bathroom(s): 2
Bedrooms: 2
Features: Dishwasher, Disposal, HardwoodFloors, Refrigerator
Square Footage: 1542
Total Units: 1

Feature Descriptions

Days on Site: 9
Exterior: Wood Siding
Gross Income: $513681.00 (Actual)
Hot Water: Gas
Lot: Corner Lot, Level
Lot Dimensions: 100x200
Net Income: $170402.00 (Actual)
Operating Expenses: $343280.00 (Actual)
Parking: Driveway, OffStreet
Parking Notes: Driveway, OffStreet
Sewer: Public Sewer
Units: 2
Water: Public Water

Local Schools

High School: McMinnville
Middle School: Patton
Elementary School: Other

Listed By / Shown By

Listed By

Agency Name: Vantage Point Brokers, LLC
Agency Phone: 503-523-0997

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 11,650.66 per month $10,108.03 Principal & Interest $959.58 Property Tax $583.04 Homeowner's Insurance

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