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  • $660,000

    5405 SE 120th Ave, Portland, OR 97266

    4beds
    1,510sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $655,900 Zestimate®
    $437/sqft
    $-- HOA

    What's special

    Seize this exceptional investment opportunity quickly! Presenting a one-level duplex designed to provide the privacy and ambiance of two distinct homes. Each unit is meticulously maintained, featuring its own garage and secluded yard. Relish the expansive, fully-fenced front and back yards, perfect for relaxation and play. Conveniently located within walking distance to a park. Both units are on a month-to-month lease, collectively generating $4,200 in monthly rental income. This is a well-established rental property in superb condition, ideal for those seeking a rewarding investment. Notably, one unit boasts a large front pool, adding a unique appeal. Additionally, there's ample space for parking boats or RVs. A must-see for any discerning investor! Cap rate is 6!! Address is 5405-5407 SE 120th Ave [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10200947]

    Zillow last checked: 7 hours ago

    Listing updated: April 05, 2024 at 05:17am

    Listed by:

    Lorna Murray 503-680-1221,

    RE/MAX Equity Group

    Bought with:

    Joel Camara, 201233162

    Opt

    Source: RMLS (OR),MLS#: 23154699MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Ceiling
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    Interior area
    • Total structure area: 1,510
    • Total interior livable area: 1,510 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, RV Access/Parking
    • Has garage: Yes
    Lot
    • Features: Level, SqFt 7000 to 9999
    Details
    • Parcel number: R335664
    • Zoning: RM1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Portland

    HOA & financial

    Other financial information
    • Total actual rent: 4200

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Paved
    Services availability
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    Estimated market value

    $655,900