5105 5109 SE TIBBETTS ST, Portland, OR 97206
- $715,000
- 3,420
- SqFt
- List Price
- $715,000
- Price Change
- ▼ $15,000 1784500626
- Days on Market
- 126
- MLS#
- 652700971
- Property Type
- Multifamily
- Sqft. of Residence
- 3,420
- Lot Size
- 5, 000 to 6, 999 SqFt
- Region
- Portland Southeast
- Status
- ACTIVE
Property 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 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.
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Additional Information
- Tax Amount
- $6,949
- Year Built
- 1956
- High School
- Franklin
- Elementary School
- Creston
- Middle School
- Kellogg
- Acres
- 0.13
- Living Area
- 3,420
- Subdivision
- SOUTH TABOR
- Terms
- Assumable, Cash, Conventional, FHA, VA Loan
- Cooling Description
- Central Air
- Fuel Description
- Gas
- Heating Description
- Forced Air
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity
- Exterior Description
- Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Seasonal
- Parking
- Carport, Off Street
- Security Or Entry
- Sidewalk
- Parking Description
- Carport, Off Street
- Road Surface
- Concrete, Paved
- Number Of Units Total
- 3
- Unit Type One Baths Total
- 1
- Unit Type One Beds Total
- 1
- Unit Type One Rent
- 1659
- Unit Type One Sq Ft
- 855
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Beds Total
- 2
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 2
- Unit Type Three Rent
- 1350
- Unit Type Three Sq Ft
- 1150
- Unit Type Three Units Total
- 1
Mortgage Calculator
Listing courtesy of Urban Nest Realty.
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