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- MLS#220114457
- TypePending
- CountyDESCHUTES
- CityBend
- AreaSE
- NeighborhoodBend Park
- Zip97702
- StyleRanch
- Year Built1977
- Taxes3730
- Price$ 759,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3072
- Lot Size0.33 Acres
Listing Provided Courtesy Of:
Rogue Real Estate Sales
Property Description
So much potential with this steady income producing property! Great tenants with established rental income. Rent increases go into effect 3-1-21, $4120 monthly. Current monthly income $3800, Estimated income for 2021 $48,800. Expenses est $6370, includes property taxes. NOI apx $42,430. CAP Rate 5.5% w/o interest. New roof 2018. Freshly painted exterior. Large private backyard areas with room for privacy. All units are the same size and floor plan. Upgrade to larger units possible with approval. Carports and storage for each unit. So close to The Old Mill District, Downtown Bend, the Deschutes River and all that Bend has to offer. One block from Jaycee Park with playground. Always rented. No Problem. Unit 524 was previous owner's personal residence and has a much larger backyard area. 530 has a door out from bedroom to a small covered area. Just a slow train behind, transfers, loading and never going at full speed. The sound is not bothersome and is comforting in most tenant opinion
Elementary School | Middle School | High School |
---|---|---|
Juniper Elem | Pilot Butte Middle | Bend Sr High |
Price History | |
---|---|
1/6/2021 | Listed $759,000 |
General Features
# Of Units Total | 4 |
---|---|
Additional Features | Separate Electric Meters |
Appliances | Dishwasher, Oven, Range, Refrigerator, Water Heater |
Arch Style | Ranch |
Association? | No |
Community Features | Park, Playground |
Construction Materials | Frame |
Cooling | None |
Flooring | Carpet, Laminate, Vinyl |
Heating | Baseboard, Electric |
Levels | One |
New Construction Y/N | No |
Property Type | C |
Roof | Composition |
Section | SE |
Security Features | Smoke Detector(s) |
Sewer | Public Sewer |
Sub Type | Quadruplex |
Subdivision Name | Bend Park |
View | Neighborhood |
Zoning | RM |
Interior Features
Basement | None |
---|---|
Common Walls | 1 Common Wall |
Window Features | Vinyl Frames |
Exterior Features
Foundation | Slab |
---|---|
Lot Description | Fenced, Level |
Lot Size Acres | 0.33 |
Lot Size Square Feet | 14375.00 |
Other Structures | Other |
Parking Details: # Of Carports | 4 |
Parking Features | Asphalt, Driveway, No Garage, On Street |
Road Surface Type | Paved |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool