5105 5109 SE TIBBETTS ST

Portland, 97206

  • 5 Bed

  • 3 Bath

  • 3420 SqFt

  • 49 DOM

  • Built: 1956

  • Status: Active

$780,000

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5105 5109 SE TIBBETTS ST

Portland 97206

$780000

  • 5 Bed

  • 3 Bath

  • 3420 SqFt

  • 49 DOM

  • Built: 1956

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Assumable FHA loan at 3.25% interest, buyer must apply to qualify. Here is a great opportunity to own an income generating duplex, in a great location, bringing in nearly $5,000 per month and $60,000 gross revenue annually. Cap. rate at 5.6% 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 and live in the non-conforming 3rd unit. DND Tenants.

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