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1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
1647 NE Lotus Drive
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$735,000

1647 NE Lotus Drive

2,496 Sq.Ft.

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. The RM zoning allows for greater density, making this property a prime candidate for adding units or redevelopment. Already generating $43,200/year in gross income with potential to increase. Now being offered at $735,000 with a $10,000 credit for to buy down your interest rate!

Perfect For Investors looking for reliable cash flow with potential to increase returns through redevelopment or adding units,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 that this RM-zoned duplex offers! Contact me today for mor

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Location

1647 NE Lotus Drive, Bend, OR 97701

Status

For Sale

Bend

Dive into the great outdoors in this scenic gem

Property Amenities

View additional property information below.
Interior
Fireplace Gas, Great Room
Appliances Dishwasher, Oven, Range, Refrigerator, Water Heater
Flooring Laminate, Vinyl
Other Interior Features Breakfast Bar, Built-in Features, Laminate Counters, Shower/Tub Combo, Tile Shower
Area & Lot
Lot Area 6,534 Sq.Ft.
Living area 2,496 Sq.Ft.
MLS® ID 220194748
Year Built 1945
High School Bend Sr High
Middle School Pilot Butte Middle
Elementary School Juniper Elem
Architecture Styles Traditional
Type Multi-Family
Status For Sale
Exterior
Stories 2
Air conditioning None
Heat type Electric, Wall Furnace
Water Source Public
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer
Other Exterior Features Courtyard, Patio
Parking Alley Access, Attached, Gravel
Lot Features Level
Roof Composition
Finance
Sales Price $735,000
Real Estate Tax $2,886 yearly

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