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… Read More 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. Read Less
Courtesy of Mark Ossinger, Central Oregon Realty Group 541-316-9643
Listing Snapshot
Days Online
190
Last Updated
Property Type
Quadruplex
Lot Size
0.31 Acres
Year Built
1994
MLS Number
220216973
Additional Details
Property Access
Road Surface: Paved
Appliances & Equipment
Dishwasher, Range, Range Hood, Refrigerator, Water Heater
Building
Built in 1994, Levels: Two, Construction Materials: Frame
Cooling
None
Expenses
Operating: $20,911
Floors
Carpet, Vinyl
Foundation
Concrete Perimeter, Stemwall
Heating
Electric, Wall Furnace
Income
Gross Income: $73,760, Net Operating Income: $52,849
Information herein is deemed reliable but not guaranteed and is provided exclusively 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. Listings last updated on
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