Description
Welcome to this exceptional investment opportunity in the heart of McMinnville. This well-maintained corner lot home with a fully separate upstairs ADU is the epitome of an investor or savvy home owner's dream, located in a prime location with a consistent history of low to no vacancy rates. The lower-level unit features a spacious kitchen and formal dining area, complemented by three bedrooms and one bathroom. An added bonus is the partially finished basement, providing both storage and expansion possibilities. The upper unit, with one bedroom and one bathroom, offers cozy and functional living space with exterior access. Roof replaced with 35 year composite shingle in 2009. This duplex presents a versatile opportunity, catering to both seasoned investors looking to expand their portfolios and homeowners interested in offsetting expenses. The ability to live in one unit while having a tenant contribute to your housing costs is an attractive proposition. Tenants in both units are responsible for all utilities, making this property an economically savvy choice for both owner-occupants and investors. Don't miss your chance to secure this rare property in a highly sought-after location. With its strong rental history it's a property that won't stay on the market for long. Discover the full potential of this gem.
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4BEDS
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0.12ACRES
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2BATHS
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01/2 BATHS
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3,262SQFT
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$152$/SQFT
School Information
Description
Welcome to this exceptional investment opportunity in the heart of McMinnville. This well-maintained corner lot home with a fully separate upstairs ADU is the epitome of an investor or savvy home owner's dream, located in a prime location with a consistent history of low to no vacancy rates. The lower-level unit features a spacious kitchen and formal dining area, complemented by three bedrooms and one bathroom. An added bonus is the partially finished basement, providing both storage and expansion possibilities. The upper unit, with one bedroom and one bathroom, offers cozy and functional living space with exterior access. Roof replaced with 35 year composite shingle in 2009. This duplex presents a versatile opportunity, catering to both seasoned investors looking to expand their portfolios and homeowners interested in offsetting expenses. The ability to live in one unit while having a tenant contribute to your housing costs is an attractive proposition. Tenants in both units are responsible for all utilities, making this property an economically savvy choice for both owner-occupants and investors. Don't miss your chance to secure this rare property in a highly sought-after location. With its strong rental history it's a property that won't stay on the market for long. Discover the full potential of this gem.
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