Brand-new 2-unit home, now complete, with a potential effective monthly payment around $1,300 when living in the 1 bedroom unit! This beautifully finished home has 2 distinct units: a 3 bed, 2 bath with a tenant already in place (paying $1,995/month plus all utilities); and a comfortably sized 1 bed / 1 bath residence. That's built-in income covering the bulk…
The Story
5397 north lincoln street
Brand-new 2-unit home, now complete, with a potential effective monthly payment around $1,300 when living in the 1 bedroom unit! This beautifully finished home has 2 distinct units: a 3 bed, 2 bath with a tenant already in place (paying $1,995/month plus all utilities); and a comfortably sized 1 bed / 1 bath residence. That's built-in income covering the bulk of your payment from day one! Efficiently laid out & spacious, with all amenities on one level. Being a duplex adds flexibility beyond a home with an ADU (separate meters, financing advantages, etc.), making it easy to hold as a long-term investment. Look at the numbers: occupy the 1BR & keep the 3BR tenant - P&I payment should be around $900/mo (based on 10% down & 6.5% ratemaking it easy to hold as a long term investment. If you’re looking for a lower payment, don’t settle for a smaller, older home with constant repairs. Use the affordability hack they’ve done for years in Seattle & Portland. Buy new, build equity, and let the second unit work for you!
Facts & Features
Property Info
Price
$509,000
Completion Year
2,026
Living Space
1,756 sq ft
Floors
1
Bedrooms
4
Bathrooms
3
Features & Amenities
Central Cooling
Stay comfortable year-round with efficient climate control.
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