<< ASSUMABLE LOAN at 4.85% >> Investment Opportunity awaits!!! Don't miss this TRI-PLEX w/ a 6.74% CAP RATE in the desirable Montavilla neighborhood. With 3 addresses on 1 tax lot (#900, #904 & #908), this property is perfect for investors & owner-occupants alike (...did I mention the assumable loan!?!) Live in one unit and rent out the others to significantly offset your mortgage, or rent all 3 and cash flow! Duplex (904/908) was built in 2005 w/ each unit featuring 3 beds, 2.5 baths, a single-car garage & private backyard/patio spaces. Detached home out front (#900) was built in 1924 and features hard wood floors, jack & jill bathroom, and large unfinished basement. All kitchen appliances & washer/dryer in each unit are included. #900 is recently VACANT (previously rented for $1,850/mo) and can be shown anytime with scheduled apt. DO NOT DISTURB TENANTS in duplex (i.e. do not go past the back side of the sing-fam unit). [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10244226]
Listing courtesy of Keller Williams PDX Central.
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