Views
Address
1751 NE Wichita Way #1-4 Bend, OR
Price
$ 749,000
Property Attributes
- MLS#220119084
- TypePending
- CountyDESCHUTES
- CityBend
- AreaNE
- NeighborhoodWinchester Arms
- Zip97701
- StyleTraditional
- Year Built1993
- Taxes5928
- Price$ 749,000
- Bedrooms8
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3996
- Lot Size11,326 SqFt
Listing Provided Courtesy Of:
Rogue Real Estate Sales
Data Source:
Multiple Listing Service of Central Oregon
Property Description
So much potential with this steady income producing property. Great tenants with established history and pride of ownership. Rent increases go into effect 7-1-21 going to $4300 monthly. Current monthly income $3600 until the end of June 2021. Current CAP Rate approximately 4% with interest and taxes included. New rents increase CAP Rate to around 5%. All units are the same size and floor plan. Very roomy, with big bedrooms. Shared storage for each unit attached to the income producing laundry area. Very close to St. Charles Medical Center, Costco, Pilot Butte Park, Worthy Brewing Company, On Tap Bend and much more. All that the up and coming East Side has to offer. Always rented. No Problem. Potential for upgrading and increasing future revenues. There may be room for carports to be built.
| Elementary School | Middle School | High School |
|---|---|---|
| Buckingham Elem | Pilot Butte Middle | Mountain View Sr High |
| Price History | |
|---|---|
| 3/26/2021 | Listed $749,000 |
General Features
| # Of Units Total | 4 |
|---|---|
| Additional Features | Bus Service or Stop, Laundry Facility, Separate Electric Meters |
| Appliances | Dishwasher, Disposal, Oven, Range, Range Hood, Refrigerator, Water Heater |
| Arch Style | Traditional |
| Association? | No |
| Construction Materials | Frame |
| Cooling | None |
| Flooring | Carpet, Vinyl |
| Heating | Electric |
| Levels | Two |
| New Construction Y/N | No |
| Property Type | C |
| Roof | Composition |
| Section | NE |
| Security Features | Smoke Detector(s) |
| Sewer | Public Sewer |
| Sub Type | Quadruplex |
| Subdivision Name | Winchester Arms |
| View | Neighborhood |
| Zoning | RM |
Interior Features
| Basement | None |
|---|---|
| Common Walls | 1 Common Wall |
| Window Features | Double Pane Windows |
Exterior Features
| Foundation | Concrete Perimeter |
|---|---|
| Lot Description | Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front |
| Lot Size Acres | 0.26 |
| Lot Size Square Feet | 11326.00 |
| Parking Details: # Of Other Parking | 4 |
| Parking Features | Asphalt |
| 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
Property vs Zip Code Average in 97701
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Taxes
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Year Built
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