828 NW FLORIDA AVE, Bend, OR 97703

$1,049,000
3
BD
1
BA
1,300
SqFt

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List Price
$1,049,000
Days on Market
3
Status
ACTIVE
MLS#
109463897
Rent
495
Bedrooms
3
Bathrooms
1
Living Area
1,300
Lot Size
7, 000 to 9, 999 SqFt
Region
Deschutes County

Property Description

Rare High Density Investment & Development Opportunity One Block from Wall Street.Located in Bend's RH, High Density Residential zone, this unique property sits just one block from Wall Street, two blocks from Bond Street, and moments from Downtown Bend. Situated on a single tax lot are two existing detached homes, creating an opportunity for investors or developers to generate rental income while exploring the property's future development potential.The primary residence offers approximately 1,300 square feet with 3 bedrooms and 1 bathroom, while the second home is approximately 595 square feet. Both homes have been utilized as rentals for many years, with one currently vacant. Photos include both residences.The real opportunity may be in the combination of high density zoning, existing rental potential and an exceptional central Bend location. RH zoning offers potential for higher density residential redevelopment, subject to City of Bend approval, development standards and buyer due diligence.Hold and rent the existing homes, improve the properties, or explore future redevelopment potential. Two homes, one tax lot, high density zoning and a location that is incredibly difficult to replicate.Property is being sold as is. Buyer to perform all due diligence regarding zoning, development potential, permitted uses, condition, square footage and configuration of both residences.

Additional Information

Tax Amount
$4,447
Year Built
1980
High School
Summit
Elementary School
W.E. Miller
Middle School
Pacific Crest
Garage Spaces
2
Garage Type
Attached
Acres
0.20
Living Area
1,300
Stories
1
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Master Bedroom Level
Main
Cooling Description
Other
Fuel Description
Electricity
Heating Description
Other, Pellet Stove
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
1 Story
View
Territorial
Road Surface
Paved
Interior Features
Ceiling Fan(s), Laminate Flooring, Tile Floor, Wall to Wall Carpet
Kitchen Appliances
Convection Oven, Cooktop

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.

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