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2621 NW Cedar Avenue , Unit 1

Redmond, OR 97756
  • $1,150,000
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: 220180311
UPDATED: 65 min ago
$1,150,000
  • 10
    BEDS
  • 0.19
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 4,848
    SQFT
  • $237
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2003
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Morris Properties :.

Description

Solid investment opportunity with original owner in NW Redmond. Easy to own and keep occupied from out of area. End units are two primary bedrooms upstairs with private bathrooms and laundry for ease of organization. All units have newer LVP flooring and carpets. The two interior units have three bedrooms upstairs with laundry and two full baths as well. All interior paint recently done in all units, along with full exterior paint. Attached single car garages with additional parking for each unit. Photos are of unit #1 and is the 2023 condition. HOA monthly covers costs of water/sewer/trash/landscaping/ admin/management of grounds and the $150 covers assessment for 2023, larger projects including asphalt. Walk to Elementary School and Cascade Swim Center. Well maintained and professionally managed. Solid tenants in place. Unit 1 rent increases to $1755 July 2024. Actual 2023 CAP rate including taxes and insurance 4.1. Proforma for 2024 4.7

Monthly Payment Calculator

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than West + Main Homes are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of West + Main Homes. Data last updated: .2024-06-20T13:49:14.073
www.buyahomeinbend.com/homes/149326518
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2621 NW Cedar Avenue , Unit 1 Redmond, OR 97756

  • Price: $1,150,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 65 min ago
  • MLS #: 220180311
10
Beds
8
Baths
0
½ Baths
0.19
Acres
4,848
SQFT
$237
$/SQFT
2003
Built
Neighborhood:
Fairhaven Vista
County:
Deschutes
Area:
Redmond
Elementary School:
Hugh Hartman Elem
Middle School:
Elton Gregory Middle
High School:
Redmond High
Property Description
Solid investment opportunity with original owner in NW Redmond. Easy to own and keep occupied from out of area. End units are two primary bedrooms upstairs with private bathrooms and laundry for ease of organization. All units have newer LVP flooring and carpets. The two interior units have three bedrooms upstairs with laundry and two full baths as well. All interior paint recently done in all units, along with full exterior paint. Attached single car garages with additional parking for each unit. Photos are of unit #1 and is the 2023 condition. HOA monthly covers costs of water/sewer/trash/landscaping/ admin/management of grounds and the $150 covers assessment for 2023, larger projects including asphalt. Walk to Elementary School and Cascade Swim Center. Well maintained and professionally managed. Solid tenants in place. Unit 1 rent increases to $1755 July 2024. Actual 2023 CAP rate including taxes and insurance 4.1. Proforma for 2024 4.7
Exterior Features

Architectural Style Contemporary Construction Materials Frame Foundation Details Stemwall Levels Two Lot Features LandscapedLevelSprinkler Timer(s)Sprinklers In Front Parking Details Numberof Other Parking 6 Parking Features AsphaltAttachedGarage Door OpenerOn Street Road Surface Type Paved Roof Composition View Neighborhood

Interior Features

Appliances DishwasherMicrowaveOvenRangeRefrigerator Cooling None Flooring CarpetVinyl Heating Electric Interior Features Shower/Tub Combo Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Unit1 Square Footage 1148.00 Unit2 Square Footage 1276.00 Unit3 Square Footage 1276.00 Unit4 Square Footage 1148.00

Property Features

Additional Parcels YN No Association Amenities LandscapingSewerSnow RemovalTrashWater Association Fee 695.00 Association Fee Frequency Monthly Association YN Yes CCAnd Rs YN Yes Cross Street NW 27th Street Exclusions Tenant belongings FIRPTAYN No Green Building Verification Type Home Energy Score Listing Terms CashConventional New Construction YN No Property Sub Type Quadruplex Sewer Public Sewer Sign On Property YN No Special Listing Conditions Standard Tax Annual Amount 7834.46 Tax Year 2023 Unit1 Monthly Rent 1675.00 Unit1 Status Leased Unit1 Unit Number 1 Unit2 Monthly Rent 1825.00 Unit2 Status Leased Unit2 Unit Number 2 Unit3 Monthly Rent 1825.00 Unit3 Status Leased Unit3 Unit Number 3 Unit4 Monthly Rent 1675.00 Unit4 Status Leased Unit4 Unit Number 4 Water Source Public Zoning R4

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of Morris Properties :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than West + Main Homes are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of West + Main Homes. Data last updated: .2024-06-20T13:49:14.073
 
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West + Main Homes
70 SW Century Drive Suite 110
Bend OR, 97702
Listing provided courtesy of Morris Properties :.