5105 5109 SE TIBBETTS ST, Portland, OR 97206
- $715,000
- 5
- BD
- 3
- BA
- 3,420
- SqFt
Listing courtesy of Urban Nest Realty.
- List Price
- $715,000
- Status
- ACTIVE
- MLS#
- 230352243
- Price Change
- ▼ $15,000 1784500626
- Days on Market
- 125
- Bedrooms
- 5
- Finished SqFt
- 3,420
- Lot Size (sq ft)
- 5,662
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 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
- Community
- SOUTH TABOR
- Style
- 1 Story
- Basement
- Daylight, Full Basement
- Year Built
- 1956
- View
- Seasonal
- Exterior
- Porch, Yard
- Elementary School
- Creston
- Middle School
- Kellogg
- High School
- Franklin
- Potential Terms
- Assumable, Cash, Conventional, FHA, VA Loan
Mortgage Calculator
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