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.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Urban Nest Realty
Agency Phone: 503-432-8126
Shown By
Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate
Estimate Your Payment
Estimated Payment
$ 4,584.98 per month $3,787.35 Principal & Interest $579.17 Property Tax $218.46 Homeowner's InsuranceChange Payment Information
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5105 5109 SE Tibbetts St | MLS# 230352243
This single family home located at 5105 5109 SE Tibbetts St, Portland, OR 97206 is currently listed for sale with an asking price of $749,000. This property was built in 1956 and has 5 bedrooms and 3 full baths with 3420 sq. ft. 5109 SE Tibbetts St is located in the SOUTH TABOR subdivision. Search SOUTH TABOR real estate on daniellegates.bendpremierrealestate.com today.