Rare High Density Investment & Development Opportunity One Block from Wall Street.Located in Bend's RH, High Density Residential zone, this unique property sits just one block from Wall Street, two blocks from Bond Street, and moments from Downtown Bend. Situated on a single tax lot are two existing detached homes,… Read More creating an opportunity for investors or developers to generate rental income while exploring the property's future development potential.The primary residence offers approximately 1,300 square feet with 3 bedrooms and 1 bathroom, while the second home is approximately 595 square feet. Both homes have been utilized as rentals for many years, with one currently vacant. Photos include both residences.The real opportunity may be in the combination of high density zoning, existing rental potential and an exceptional central Bend location. RH zoning offers potential for higher density residential redevelopment, subject to City of Bend approval, development standards and buyer due diligence.Hold and rent the existing homes, improve the properties, or explore future redevelopment potential. Two homes, one tax lot, high density zoning and a location that is incredibly difficult to replicate.Property is being sold as is. Buyer to perform all due diligence regarding zoning, development potential, permitted uses, condition, square footage and configuration of both residences. Read Less
Listing courtesy of eXp Realty, LLC.
Listing Snapshot
Days Online
57
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
1
Square Ft.
1,300
Lot Size
0.2 Acres
Year Built
1980
MLS Number
109463897
30 Days Snapshot Of 97703
$1.28M
+87%
(avg) sold price
2
+100%
homes sold
6
-85%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Surface Type: Paved
Appliances & Equipment
Appliances: ConvectionOven, Cooktop
Building
Architectural Style: Stories1, Building Area Calculated: 1300, Building Area Description: Assessor, Building Area Total: 1300, Built in 1980, Main Level Area Total: 1300, Stories: 1
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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