- ADDRESS:
- 5105 5109 SE TIBBETTS ST Portland, OR 97206
- VIDEOS:
- Print this Listing
- Price:
- $749,000
- Beds:
- 5
- Baths:
- 3.0
- Ft²:
- 3420
- Acres:
- 0.13
- MLS#:
- 230352243
- Lot Size:
- 5,000 to 6,999 SqFt
- Type:
- Detachd
- Zone:
- R2.5
- County:
- Multnomah
- Style:
- 1 Story
- Yr Built:
- 1956
- Status:
- Active
- Levels:
- 1
- Garage:
- Carport
- Nhood/Bldg:
- SOUTH TABOR
- Heat:
- Forced Air
- Fireplace:
- Wood Burning
- Roof:
- Composition
- Accessibility:
- Kitchen Cabinets, Natural Lighting, Parking
- View:
- Seasonal
- Elem:
- Creston
- Middle:
- Kellogg
- High:
- Franklin
- Lot Desc:
- Corner Lot, Level
- Area:
- Portland Southeast
- Exterior:
- Porch, Yard
- Courtesy of:
- Urban Nest Realty
- Remarks:
- 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.