$ 1,350,000
-
$1,350,000
Price -
5
Bed -
4
Bath -
3,003
SqFt
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About the Listing HACR01 - KSEIFER
Unique investment opportunity in the prestigious heart of Lake Oswego's First Addition! Surrounded by luxury single-family residences, this well maintained 3,003 sq ft duplex generates $5,500/month gross revenue alongside unmatched long-term appreciation in one of Oregon's most coveted zip codes.Unit 1 (3 Bed | 1.1 Bath 1777 sqft) rents $3,100/month. Highlights include a spacious floor plan, cozy wood-burning fireplace, updated countertops, full dishwasher, in-unit washer/dryer, an attached garage, and private fenced yard. Unit 2 (2 Bed | 1 Bath | 1,226 Sq Ft) rents $2,400/month. Features a bright, well-scaled layout, wood-burning fireplace, updated countertops, dishwasher, dedicated in-unit washer/dryer, covered carport parking, and a private fenced yard. An unbeatable lifestyle location: minutes to boutique shopping, artisan dining, fitness studios, neighborhood parks, grocery and Oswego Lake. Perfect for the savvy owner occupant looking to live in one unit while subsidizing their mortgage, or the portfolio investor securing a low-vacancy asset in an irreplaceable location. Both units fully leased with a history of low turnover and established income. R-6 zoning includes single-family homes, duplexes, triplexes, townhomes, and cottage clusters *subject to specific lot-coverage, Floor Area Ratio (FAR), and design guidelines *buyer to do due diligence. Interior photos and floorplan are just of unit 653. PLEASE DO NOT DISTURB TENANTS
Listing Highlights for 651 5th St
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: WallHeater
- Fireplaces:
- Floor:
- Basement: Crawl Space
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: 1 car
- Parking Spaces: 4
- Zoning: R6
- Roof: Composition
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Carport,Driveway
Financial Details
- Tax Amount: $6,352
- Taxes w/Assessments: N/A
- Tax/Property ID: 00196157
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
651 5th St Lake Oswego, OR 97034
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