5508 NE FREMONT ST, Portland, OR 97213

$600,000
3,522
SqFt

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List Price
$600,000
Days on Market
0
MLS#
216967727
Property Type
Multifamily
Sqft. of Residence
3,522
Lot Size
7, 000 to 9, 999 SqFt
Region
Portland Northeast
Status
ACTIVE

Property Description

Purpose-built, side-by-side duplex in Rose City Park — not a converted single-family, but two mirrored units designed to function independently from the start. Each side offers 2 bedrooms and 1 bathroom plus a lower level family room. You also get an attached one car garage + one parking space in the driveway for each unit. They are both currently rented at $1,417/month with long-term tenants in place. Renters are month-to-month, so a seller can give notice ahead of closing — a real advantage for a buyer who wants to occupy one unit and let the other continue producing income from day one. The roof is approximately 10 years old, and each unit has its own solar array — owned outright, not leased, so a buyer inherits lower utility costs with no ongoing solar payment. New exterior paint. This is a duplex that works for an owner-occupant, or a buy-and-hold investor.

Additional Information

Tax Amount
$7,324
Year Built
1954
High School
Grant
Elementary School
Alameda
Middle School
Beaumont
Garage Spaces
2
Acres
0.17
Living Area
3,522
Stories
2
Subdivision
ROSE CITY PARK
Terms
Cash, Conventional, FHA, VA Loan
Fuel Description
Gas
Heating Description
Forced Air
Hoa Rent Includes
Trash Collection
Hot Water Description
Electricity
Exterior Description
Brick, Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Parking
Driveway, Garage
Parking Description
Driveway, Garage
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1417
Unit Type One Sq Ft
1961
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Units Total
1

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Lovejoy Real Estate.

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