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5620 NE Killingsworth St, Portland, OR 97218

$749,000

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Property Description

Updated triplex offers an incredible investment opportunity on one of Cully's beloved expansive lots with rents totalling $5,425 a month ($65,100 a year). Each charming unit features a private front porch, back patio, fireplace, and storage! Two of the units have three bedrooms, the third has two. All units are currently occupied for a straightforward long-term investment. Newer roof with refinished kitchen cabinets, and toilets throughout. This incredible property is set back off the street with a spacious backyard and NINE parking spaces! Newer R1 zoning provides future expansion which allows 2 additional units (buyer to do due diligence and development packet available) Shared on-site laundry. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10222773]

5620 NE Killingsworth St | MLS# 542056464

This multi-family property located at 5620 NE Killingsworth St, Portland, OR 97218 is currently listed for sale with an asking price of $749,000. Search Portland real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: None
Fuel Type: Electricity
Heating: Baseboard
Roof Type: Composition
Stories: 2.0
Taxes: $10,450
Year Built: 1985
Square Feet: 2,953

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 3
Features: Fireplace, Range, Refrigerator
Rent: $2030.00
Square Footage: 1025
Total Units: 1
Unit Type 2:
Bathroom(s): 2
Bedrooms: 2
Features: Fireplace, Range, Refrigerator
Rent: $1600.00
Square Footage: 900
Total Units: 1
Unit Type 3:
Bathroom(s): 2
Bedrooms: 3
Features: Fireplace, Range, Refrigerator
Rent: $1795.00
Square Footage: 1025
Total Units: 1

Feature Descriptions

Days on Site: 9
Exterior: T-111 Siding
Gross Income: $65100.00 (Actual)
Hot Water: Electricity
Net Income: $44650.00 (Actual)
Operating Expenses: $20450.00 (Actual)
Parking: Driveway, OffStreet
Parking Notes: Driveway, OffStreet
Sewer: Public Sewer
Units: 3
Water: Public Water

Local Schools

High School: Leodis McDaniel
Middle School: Roseway Heights
Elementary School: Rigler

Listed By / Shown By

Listed By

Agency Name: Real Broker
Agency Contact: 503-501-6925

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimated Payment

$ 4,876.64 per month $3,787.35 Principal & Interest $870.83 Property Tax $218.46 Homeowner's Insurance

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