1. Oregon
  2. Bend
  3. 1647 NE Lotus Drive
$685,000

1647 NE Lotus Drive, Bend, OR 97701

  • 2,496 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $274/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Income-Producing Single family home/Duplex: Originally a single-family home, this property now features a fully finished basement apartment, creating a duplex setup in a Residential Medium Density (RM) zone. Perfect For multi-generational living, Investors looking for reliable cash flow with potential to increase returns, developers seeking properties with future growth potential, and Owner-occupants wanting to offset their mortgage by renting one unit while living in the other. It generates $43,200 in annual gross income with room to increase rents. Seller financing is being considered

Listing Status:
Active
Date Added:
January 21, 2025 at 06:00AM
Listing Office:
Coldwell Banker Mayfield Realty : (541) 548-1250
MLS ID:
220194748
  • General: Breakfast BarBuilt-in FeaturesLaminate CountersShower/Tub ComboTile Shower
  • Appliances: DishwasherOvenRangeRefrigeratorWater Heater
  • Basement: Finished
  • Flooring: LaminateVinyl
  • A/C: None
  • Heating: ElectricWall Furnace
  • Fireplace: GasGreat RoomFireplace

This listing courtesy of Coldwell Banker Mayfield Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Juniper Elementary School

1300 NE Norton Ave, Bend, OR, 97701

Grades KG-5

0.54 miles away

P

Pilot Butte Middle School

1501 NE Neff Rd, Bend, OR, 97701

Grades 6-8

0.36 miles away

M

Mountain View High School

2755 NE 27th St, Bend, OR, 97701

Grades 9-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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