Active

119 SW 7th Street

Redmond OR, 97756

$769,000


$295.09 per sqft

Active

6 Beds

2 Baths

2,606 sqft

Residential

Built in 1948

Courtesy of Coldwell Banker Sun Country, Kristi Lou Kinsey Havniear

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%.

220192899

MLS ID

July 1, 2029

Listed

November 26, 2024

Updated

Map

119 SW 7th Street
Redmond OR, 97756

Interior Features

Total Stories

1


Bedrooms

6


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Breakfast Bar, Ceiling Fan(s), Double Vanity, Dual Flush Toilet(s), Fiberglass Stall Shower, Granite Counters, Linen Closet, Open Floorplan, Pantry, Shower/Tub Combo, Smart Locks, Vaulted Ceiling(s), Bonus Room, Eating Area, Family Room, Kitchen, Laundry, Living Room, Primary Bedroom


Appliances

Dryer, Microwave, Range, Refrigerator, Washer, Water Heater


Floor Description

Carpet, Laminate, Tile


Fireplace

Yes


Fireplace Description

Electric, Gas


Cooling

Yes


Cooling Description

Central Air, Heat Pump


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.26 Acres


Exterior Features

Deck, Storage


Lot Features

Fenced


Architectual Style

Traditional


Roof

Composition


Sewer

Public Sewer

School Information

High School

Check with District


Elementary School

Check with District

Other Property Details

Taxes

$4,861


Tax Frequency

Annually


Days on Market

90


Garage

Yes


Garage Spaces

1


Parking

Alley Access, Asphalt, On Street, Other


View

Yes


View Description

City


County

Deschutes


Water Source

Public


Pool

No


Zoning

C2

Green Building Features

Green Features

None

Listing History

Date

Event

Price

11/26/2024

Price change

$769,000

-4%

 

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Data last updated 10:40 PM UTC, 11/26/2024

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