Bend, OR 97701,1647 Lotus DR
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Bend, OR 97701,1647 Lotus DR
Bend, OR 97701,1647 Lotus DR
Bend, OR 97701,1647 Lotus DR
Bend, OR 97701,1647 Lotus DR
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Price Dropped by $36K

1647 Lotus DR Bend, OR 97701

2,496 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,496 sqft

Price per Sqft $280

Subdivision Clab

MLS Listing ID 220194748

Style Traditional

Year Built 1945

Annual Tax Amount $2,886

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 0.15

Property Sub-Type Duplex

Property Description

This duplex offers a unique opportunity to own an income-generating property in a Residential Medium Density (RM) zone, providing incredible potential for future development or expansion. One unit is the original home and the other is a basement apartment. Already generating $43,200/year in gross income with potential to increase.

Perfect For Investors looking for reliable cash flow with potential to increase returns, developers seeking properties with zoning flexibility and future growth potential, and Owner-occupants wanting to offset their mortgage by renting one unit while living in the other.

Don't miss this opportunity to capitalize on the flexibility and income potential. Contact me today for more info!

Location

State OR

County Deschutes

Community Clab

Rooms

Basement Finished

Interior

Interior Features Breakfast Bar, Built-in Features, Laminate Counters, Shower/Tub Combo, Tile Shower

Heating Electric, Wall Furnace

Cooling None

Fireplaces Type Gas, Great Room

Fireplace Yes

Window Features Double Pane Windows,Vinyl Frames

Exterior

Exterior Feature Courtyard

Parking Features Alley Access, Attached, Gravel

Roof Type Composition

Building

Lot Description Level

Entry Level Two

Foundation Stemwall

Water Public

Architectural Style Traditional

Structure Type Frame

New Construction No

Schools

High Schools Bend Sr High

Others

Senior Community No

Tax ID 204767

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Oregon Data Share
Listed by Coldwell Banker Mayfield Realty
agent
Ellie George

Principal Broker/Owner | License ID: 200502069

+1(541) 601-9582 | [email protected]

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1647 Lotus DR