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Property Description

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]

Overview

Property Status
Sold
Lot Size
7,840 Sq.Ft.
MLS ID
23663808
Property Type
Residential
Year Built
1965

Features & Amenities

Neighborhood
Portland
Architecture Styles
Stories 1, Ranch
Stories
1
Garage Spaces
2.0
Water Source
Public Water
Roof
Composition
Lot Features
Level
Parking
Driveway, Off Street
Heat Type
Ceiling
Sewer
Public Sewer
Disability Features
Garageon Main, One Level
Other Exterior Features
Fenced, Patio, Second Garage, Second Residence, Yard
Elementary School
Gilbert Park
Middle School
Other
High School
David Douglas
Sales Price
$660,000
Real Estate Tax
$4,953/yr

Downloads

5405 SE 120TH AVE

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    License #201233162

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