554 Se 5th Street Unit 1 & 2, Bend, OR, OR 97702

$470,000
Sold Price
$470,000
List Price
$488,000
Closing Date
Feb 15, 2022
MLS#
220133959
Status
CLOSED
Type
Multifamily
Subtype
Duplex
Year Built
1952
County
Deschutes
City
Bend
Addition
Bend Park
Lot Size
8,712
Acres
0.2

Property Description

Investors, 1031 exchangers, developers: TWO ADJACENT LOTS in a terrific location to build much-needed middle market housing in an area close to retail, restaurants and across from Vince Genna Stadium. Planned improvements to Wilson Ave corridor will enhance the walkability and livability of this SE Bend neighborhood. Bend's new development code (which took effect on 11/5/2021) allows each lot to have multi-family units and/or single-family home and ADU. Property shows it is eligible for a Short-Term Rental (STR). Property sold AS IS, seller will not perform repairs. Appliances and tankless water heaters in both units are staying and can be salvaged before demolition. Buyer and Buyer's agent to perform all due diligence.

Additional Information

Tax Year
2020
Taxes
$1,749
Ccr
No
Levels
One
Basement
None
View
Neighborhood, Territorial
Water
Public
Sewer
Public Sewer
Zoning
RM
Cross Street
SE Wilson Ave
Elementary School
Check With District
Middle School
Check With District
High School
Check With District

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Alleda Real Estate. Selling Office: Keller Williams Realty C.O..

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