1647 NE Lotus DriveBend, OR 97701
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!
- Property Type:
Residential Income
- Architectural Style:
Traditional
- Bedrooms:
- Bathrooms:
0
- Dwelling Size:
0 SqFt
- Lot Size:
0.15 Acres
- Lot Description:
- Stories:
- Year Built:
1945
- Interior Features:
Breakfast Bar, Built-in Features, Laminate Counters, Shower/Tub Combo, Tile Shower
- Exterior Features:
Courtyard
- Parking:
Attached Garage
Garage or Parking Spaces:
Features: Alley Access, Attached, Gravel
- Area:
- Views:
- Schools:
High School(s): Bend Sr High
Middle School(s): Pilot Butte Middle
Elementary School(s): Juniper Elem
- HOA:
- Senior Community:
- Heating:
Electric,Wall Furnace
- Cooling:
None
- Appliances:
Dishwasher, Oven, Range, Refrigerator, Water Heater
- Fireplace:
Fireplace(s):
Features: Gas,Great Room
- Accessibility:
- Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
- Foundation:
Stemwall
- Roof:
Composition