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. both garage roof and duplex roofs were fully replaced a couple years ago(full tear off) 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! Excellent cap rate at 6~ the address is 5405-5407 SE 120th Ave [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10200947]
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Location
5405 SE 120TH AVE, Portland, OR 97266
Status
Sold
Property Amenities
Interior
AppliancesBuiltin Range
Total Bedrooms:4
Full Bathrooms:2
Other Interior FeaturesLaundry, Separate Living Quarters Apartment Aux Living Unit
Area & Lot
Lot Area7,840 Sq.Ft.
Living area1,560 Sq.Ft.
MLS® ID23663808
Year Built1965
High SchoolDavid Douglas
Middle SchoolOther
Elementary SchoolGilbert Park
Architecture StylesStories 1, Ranch
TypeResidential
StatusSold
Exterior
Stories1
Heat typeCeiling
Disability FeaturesGarageon Main, One Level
Water SourcePublic Water
Garage Space2.0
SewerPublic Sewer
Other Exterior FeaturesFenced, Patio, Second Garage, Second Residence, Yard