1761 NE Wichita Way, Bend, OR 97701

$1,075,000

Show Photos

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

List Price
$1,075,000
Price Change
▼ $75,000 1782352243
MLS#
220216973
Status
ACTIVE
City
Bend
County
Deschutes
Year Built
1994

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 $1,512 per month, putting $6,048 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

Taxes
$7,240
Acres
0.31
Water
Public
Heating
Electric, Wall Furnace
Foundation
Concrete Perimeter, Stemwall
Flooring
Carpet, Vinyl
Elementary School
Buckingham Elem
Middle School
Pilot Butte Middle
High School
Mountain View Sr High

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

Listing courtesy of Central Oregon Realty Group.

The content relating to real estate for sale on this website comes in part form the MLS of Central Oregon. Real Estate listings held by Brokerages other than Selling Central Oregon, LLC are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO). This content was last updated on . Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. All content displayed on this website is restricted to personal, non-commercial use, and only for ascertaining information regarding real property for sale. The consumer will not copy, retransmit not redistribute any of the content from this website. The consumer is reminded that all listing content provided by automatic transmission by MLSCO is © MLS of Central Oregon (MLSCO).