Extraordinary re-development potential near downtown Bend and Drake Park. RH zoning alllows for the highest residential density outright and conditionally many other residential oriented uses. 10-19 units possible depending on layout. Alley access allows for the higher density and aesthetic charm from the front. Currently 12 units on property regarded as of little value. Valuation is based on ground only. However, they do generate income during the holding period until development. Gross income currently is $107,470. Some great views from a second or third story newly constructed dwelling unit. Walking distance to downtown and Drake Park. Located in an Opportunity Zone for Bend. The property is being sold for the development potential of the combined lots. This is one of the few RH lots available for sale in Bend proper. Combined lots are 20,037 square feet (.46 acre).
Based on the average sale price from the Bend, OR office
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
614 & 630 NW Broadway Street Bend, OR is a Single Family Home for sale at $1750000 with 6959 sqft and a lot size of 0.46 Acres Acre(s). 614 & 630 NW Broadway Street Bend has 12 bedrooms, 12 baths and was built in 1925. The property's zip code is 97703 which is in Bend, OR
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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