Blog Stories Cully Duplex Builds Equity for Owner-Occupants

Cully Duplex Builds Equity for Owner-Occupants

By Teri Toombs, February 27, 2018

Do what my clients did. They started off their home ownership journey by purchasing a duplex where they could live in one side and rent out the other. They built equity x2. This is a hard to achieve dream scenario, because there is so much competition for a plex property, but these buyers did it.

After a few years of living here, they are ready to move on to house #2. This Cully duplex has been an amazing springboard for their next move.

5206 & 5208 NE 60th – RMLS #18041539 – listed at $569,900 – sale pending in less than a week.

Ready for your first home/plex? Give me a call! I have another plex coming this spring in the Mississippi district!

 

Teri Toombs

Principal Broker, ADU Specialist

Meet Teri Toombs Living Room Realty’s Longest Serving Agent. Living Room Realty’s First Managing Principal Broker. Previous jobs: Loader Operator, Produce Worker, Operations Manager. Parkrose Grad and U of O Architecture School student. Built and lived in a cabin in the woods for 7 years. Spent youth skiing the mountains and rivers of Oregon. Lifelong love of swimming continues to current day. Soft-hearted boot strapper. Fierce client advocate. Fair negotiator. Well-versed in multi-offer situations. Focused on building and growing generational wealth. Committed to home ownership for all. Born in Portland, knows Portland. Serving buyers and sellers since 2003. Lives in a Ladd’s Addition Ranchalow with long time love Persephone and best dog Devo.  
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  • T: 503-522-1691
  • ttoombs@livingroomre.com

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