1761 NE Wichita Way, Bend, OR 97701

$975,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$975,000
Status
ACTIVE
Days on Market
185
Price Change
▼ $100,000 1786436228
MLS#
220216973
Subtype
Residential Income
Style
Northwest, Traditional
Year Built
1994
Lot Size
13,503
Acres
0.31
Subdivision
Winchester
Neighborhood
Winchester

Property Description

Four units. All leased. No vacancy history. That's the foundation. St. Charles Medical Center, Bend's largest employer, is a short walk away. That proximity isn't a coincidence. It's why this building stays full. All four two-bedroom units are currently leased at $1,530 per month, putting $6,120 in monthly gross income on the board. Two units up, two on the main level. Tenants and guests have a private asphalt parking lot, on-site coin-op laundry, and shared storage, all in a separate common area building. The deferred maintenance question? Already answered. New roof, new siding, fresh exterior paint all done. Lower near-term capital exposure and a cleaner runway for rent growth as leases turn. Zoning is RM. APOD and rent roll are on file. Interior viewing upon mutual PSA. Do not disturb tenants.

Additional Information

Interior Features
Laminate Counters
Taxes
$7,240
Property Description
Northwest, Traditional
Zoning
RM
Flooring
Carpet, Vinyl
Appliances
Dishwasher, Range, Refrigerator, Range Hood, Water Heater
Heating
Electric, Wall Furnace
Air Conditioning
None
Stories
Two
Levels
Two
Roof
Composition
Foundation
Concrete Perimeter, Stemwall
Parking Features
Asphalt, Parking Lot
Elementary School
Buckingham Elem
Middle School
Pilot Butte Middle
High School
Mountain View Sr High

Listing courtesy of Central Oregon Realty Group.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: