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5105 SE Tibbetts St, Portland
$695,000
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- Price per sqft
- $203.22
- Built in
- 1956
- Property size
- 3,420 sqft
- Lot size
- 5,663 sqft
- Property type
- Residential
- Days on market
- 209
Overview
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.
Details
Interior
- Interior features
- Hardwood Floors, Laundry
- Fireplace
- Yes
- Fireplaces
- 2
- Fireplace description
- Wood Burning
- Cooling
- Yes
- Cooling description
- Central Air
- Heating
- Yes
- Heating description
- Forced Air
- Windows
- Double Pane Windows, Vinyl Frames
Exterior and lot
- Lot size
- 5,663 sqft
- Exterior features
- Porch, Yard
- Lot features
- Corner Lot, Level
- Architectural style
- One Story
- Roof
- Composition
- View
- Yes
- View description
- Seasonal
Utilities
- Sewer
- Public Sewer
- Water source
- Public Water
Parking
- Garage spaces
- 3
- Parking
- Carport, Driveway
- Total parking
- 3
Schools
- High school
- Franklin
- Middle school
- Kellogg
- Elementary school
- Creston
Location
- City
- Portland
- County
- Multnomah
- Zoning
- R2.5
- Subdivision
- SOUTH TABOR
Taxes and dues
- Annual taxes
- $6,950
Location
5105 SE Tibbetts St, Portland, OR 97206
Monthly payment estimate
$4,278 /mo
- Principal and interest
- $3,699
- Property tax
- $579
- Total
- $4,278
Estimate only, and not an offer of credit. Assumes 20% down ($139,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
