Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
N/A
Extraordinary re-development potential near downtown Bend and Drake Park. RH zoning alllows for the highest residential density outright and conditionally many other residential oriented uses. 10-19 units possible depending on layout. Alley access allows for the higher density and aesthetic charm from the front. Currently 12 units on property regarded as of little value. Valuation is based on ground only. However, they do generate income during the holding period until development. Gross income currently is $107,470. Some great views from a second or third story newly constructed dwelling unit. Walking distance to downtown and Drake Park. Located in an Opportunity Zone for Bend. The property is being sold for the development potential of the combined lots. This is one of the few RH lots available for sale in Bend proper. Combined lots are 20,037 square feet (.46 acre).
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Electric, Forced Air, Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame
-
Parking
Alley Access, Asphalt, On Street, Other
-
Pool
No
-
View
Neighborhood
Area & Lot
-
Lot Features
Landscaped, Level
-
Lot Size(acres)
0.46
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Bungalow
Price
-
Sales Price
$1,900,000
-
Tax Amount
10470.0
-
Zoning
RH
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
William E Miller Elem
-
Middle School
Cascade Middle
-
High School
Summit High
Property Features
-
Foundation Details
Concrete Perimeter, Stone
-
Sewer
Public Sewer
-
Tax Lot
04800, 04700
-
Water Source
Public
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Location
County
Deschutes
Elementary School
William E Miller Elem
Middle School
Cascade Middle
High School
Summit High
Listing Courtesy of Mike C. Hoover , Mike Hoover Sales LLC
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Broker
Christy Symons Your - Central Oregon Realtor
Call Christy today to schedule a private showing.
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