5105 5109 SE TIBBETTS STPortland, OR 97206
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 in 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.
- Property Type:
MultiFamily
- Architectural Style:
- Bedrooms:
- Bathrooms:
- Dwelling Size:
3,420 Square Feet
- Lot Size:
0.13 Acres
- Lot Description:
- Stories:
- Year Built:
1956
- Interior Features:
- Exterior Features:
- Parking:
Garage or Parking Spaces:
Features: Carport, OffStreet
- Area:
_143
- Views:
Seasonal
- Schools:
High School(s): Franklin
Middle School(s): Kellogg
Elementary School(s): Creston
- HOA:
- Senior Community:
- Heating:
ForcedAir
- Cooling:
CentralAir
- Appliances:
- Fireplace:
Fireplace(s):
Features:
- Accessibility:
- Security Features:
Sidewalk
- Foundation:
ConcretePerimeter
- Roof:
Composition