119 7th ST Active Save Request In-Person Tour Request Virtual Tour
Redmond,OR 97756
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,606 sqft
Price per Sqft $306
Subdivision Townsite Of Redmond
MLS Listing ID 220192899
Style Traditional
Bedrooms 6
Full Baths 2
Year Built 1948
Annual Tax Amount $4,861
Lot Size 0.260 Acres
Property Description
Great income property! 2606 Sqft building on 11,500 sqft lot located in Redmond's Central Business/Commercial District. Existing tenant owns and operates a successful preschool. Additionally, the property has a 1600 sqft structure with 8 existing dry storage units and a 680 sqft garage/shop that are leased separately. A fee appraisal has been done and is available with the signing of an NDA. This property is a solid investment with a market derived capitalization rate of 6%.
Location
State OR
County Deschutes
Community Townsite Of Redmond
Interior
Heating Electric
Cooling Central Air,Heat Pump
Fireplaces Type Electric,Gas
Exterior
Exterior Feature Deck
Garage Alley Access,Asphalt,On Street,Other
Garage Spaces 1.0
Roof Type Composition
Building
Lot Description Fenced
Foundation Stemwall
Water Public
Structure Type Frame
New Construction No
Schools
High Schools Check With District
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard