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614 & 630 NW Broadway Street

Bend, OR 97703
  • $1,900,000
  • STATUS: Pending
  • ON SITE: 99 days
  • MLS #: 220118224
Pending
UPDATED: 48 min ago
$1,900,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,959
    SQFT
  • $273
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
1925
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Listing courtesy of Partners Property Management.

Description

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).

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© 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Vianet Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Vianet Realty. Data last updated: .2021-06-21T23:46:06.737
www.vianetrealty.com/homes/115095910
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614 & 630 NW Broadway Street Bend, OR 97703

  • Price: $1,900,000
  • Status: Pending
  • Updated: 48 min ago
  • MLS #: 220118224
0
Beds
0
Baths
0
½ Baths
0.46
Acres
6,959
SQFT
$273
$/SQFT
1925
Built
Neighborhood:
N/A
County:
Deschutes
Area:
Bend
Elementary School:
William E Miller Elem
Middle School:
Cascade Middle
High School:
Summit High
Property Description
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).
Exterior Features

Architectural Style Cottage/Bungalow Construction Materials Frame Foundation Details Concrete PerimeterStone Levels OneTwo Lot Features LandscapedLevel Parking Details Numberof Other Parking 6 Parking Features Alley AccessAsphaltOn StreetOther Road Surface Type Paved Roof Composition View Neighborhood

Interior Features

Appliances RangeRefrigeratorWater Heater Basement Unfinished Cooling None Flooring CarpetNoneOther Heating ElectricForced AirOther Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Unit1 Numberof Bathrooms 1 Unit1 Numberof Bedrooms 1 Unit2 Numberof Bathrooms 1 Window Features Aluminum FramesWood Frames

Property Features

Additional Parcels YN No Association YN No Builder Name Unknown CCAnd Rs YN No Community Features Park Cross Street Louisiana FIRPTAYN No Incomeand Expenses Annual Amounts Cap Rate 3.00 Incomeand Expenses Annual Amounts Gross Income 107470.00 Incomeand Expenses Annual Amounts Net Operatin 52633.00 Incomeand Expenses Annual Amounts Operating Ex 54837.00 List Number Prefix 00 Listing Terms Cash New Construction YN No Property Sub Type Multi Family Sewer Public Sewer Sign On Property YN No Special Listing Conditions StandardTrust Tax Annual Amount 10470.00 Tax Year 2021 Unit2 Unit Number 9-12 Water Source Public Zoning Rh

Listing information © 2021 MLS of Central Oregon
Listing provided courtesy of Partners Property Management.

© 2021 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Vianet Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Vianet Realty. Data last updated: .2021-06-21T23:46:06.737
 
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Vianet Realty
227 NW 5th St.
Grants Pass OR, 97526

Listing courtesy of Partners Property Management.