5105 5109 SE Tibbetts St, Portland, OR, 97206

CAD 749,000
For Sale

Property Details

Bedrooms

5

Bathrooms

3

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 5 • Bathrooms: 3 • Square Feet: 3420 • Lot/Size: 5,662 sqft lot

Description: Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Live in one unit and rent the other 2 to pay your mortgage. Great opportunity in a fantastic location, bringing just over $5,000 per month and $61,000 gross revenue annually. Cap. rate at 6.2% with low operating expenses and taxes, blocks from SE Division on a quiet street with 2 driveways, on an oversized corner lot. Updates include newer floors, appliances and bathroom/kitchen finishes. Solid rental history with tenants in place who are all willing to stay. Don't miss out on this tremendous opportunity to diversify your rental portfolio and/or take on your first investment property. DND Tenants.

Location

Address

5105 5109 SE Tibbetts St, Portland, OR, 97206

City

Portland

Features and Finishes

Year Built: 1956; [object Object]; [object Object]; [object Object]

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