<< 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…
The Story
900 northeast 91st avenue
<< 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]
Facts & Features
Property Info
Price
$749,900
Completion Year
2,005
Living Space
4,096 sq ft
Floors
2
Bedrooms
8
Bathrooms
7
Garage
2 spaces
Features & Amenities
Garage / Parking
Secure and convenient space for cars, scooters, or guest vehicles.
Garden
Lush greenery that creates calm surroundings and natural shade.
Scenic View
Enjoy beautiful outlooks that bring the surroundings into your home.
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