728 NW Newport Avenue

    Bend, OR 97703
    • $2,669,000
    • STATUS: Active
    • ON SITE: 83 days
    • MLS #: 202002074
    UPDATED: 61 min ago
    $2,669,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,935
      SQFT
    • $336
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Listing courtesy of The Wicklund Group.

    Description

    What a rare opportunity to add to your investment portfolio this multi-family package just offered to the market. This is a portfolio sale of both properties located at 855 NW Ogden and 728 NW Newport Avenue in Bend, Oregon 97701. Each property features a home and newer duplex unit -with each duplex offering 3,030/sq.ft. and Newport cottage offering 859/sq.ft. and Ogden's home features 1,016/sq.ft. with the highly vested permit for VRBO-short term overnight rental or long term. Each property had painstakingly been redeveloped, Newport completed in fall of 2014 and Ogden Spring of 2015. Strong rental history and minimal vacancy are prevalent, homes are 2 bedroom/1 bath, and each duplex unit is 4 bedrooms/2.5 baths. Both properties include native xeriscape landscaping, drought resistant tolerant plants and landscape, no lawns for easy of maintenance as well. Back up package available. NDA needed for financials. 

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    © 2020 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 Ladd Group, Cascade Sotheby's International Realty 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 Ladd Group, Cascade Sotheby's International Realty. Data last updated: .2020-06-03T07:44:13.58
    www.bendpropertysource.com/homes/104073830

    728 NW Newport Avenue Bend, OR 97703

    • Price: $2,669,000
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 202002074
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    7,935
    SQFT
    $336
    $/SQFT
    1920
    Built
    Neighborhood:
    Kenwood
    County:
    Deschutes
    Area:
    Bend
    Elementary School:
    William E Miller Elem
    Middle School:
    Cascade Middle
    High School:
    Summit High
    Property Description
    What a rare opportunity to add to your investment portfolio this multi-family package just offered to the market. This is a portfolio sale of both properties located at 855 NW Ogden and 728 NW Newport Avenue in Bend, Oregon 97701. Each property features a home and newer duplex unit -with each duplex offering 3,030/sq.ft. and Newport cottage offering 859/sq.ft. and Ogden's home features 1,016/sq.ft. with the highly vested permit for VRBO-short term overnight rental or long term. Each property had painstakingly been redeveloped, Newport completed in fall of 2014 and Ogden Spring of 2015. Strong rental history and minimal vacancy are prevalent, homes are 2 bedroom/1 bath, and each duplex unit is 4 bedrooms/2.5 baths. Both properties include native xeriscape landscaping, drought resistant tolerant plants and landscape, no lawns for easy of maintenance as well. Back up package available. NDA needed for financials. 
    Exterior Features

    Architectural Style ContemporaryCottage/BungalowCraftsman Construction Materials Frame Foundation Details Slab Levels OneTwo Lot Features Xeriscape Landscape Parking Details Numberof Carports 0 Parking Details Numberof Other Parking 8 Parking Features Alley AccessAsphaltDrivewayNo GarageOn Street Road Surface Type Paved Roof AsphaltMetal View Cascade MountainsCityTerritorial

    Interior Features

    Appliances DishwasherDisposalDryerMicrowaveOvenRangeRefrigeratorWasherWater Heater Cooling Heat Pump Flooring CarpetConcrete Heating DuctlessHeat PumpWall Furnace Inclusions Exclusions Exclusions Any And All Personal Belongings Of Tenan Inclusions Exclusions Inclusions All Seller Owned AppliancesSnow Blower; Vrbo Ogden Home Fully Furnished; Call Listing Brokers For List Interior Features Dual Flush Toilet(S)Laminate Counters Unit1 Numberof Bathrooms 1 Unit1 Numberof Bedrooms 2 Unit1 Square Footage 859.00 Unit2 Numberof Bathrooms 2 Unit2 Numberof Bedrooms 4 Unit2 Square Footage 1515.00 Unit3 Numberof Bathrooms 2 Unit3 Numberof Bedrooms 4 Unit3 Square Footage 1515.00 Unit4 Numberof Bathrooms 1 Unit4 Numberof Bedrooms 2 Unit4 Square Footage 1015.00 Window Features Double Pane WindowsVinyl Frames

    Property Features

    Additional Parcels YN Yes Association YN No CCAnd Rs YN No Community Features Gas AvailableShort Term Rentals Allowed Cross Street Nw 7th FIRPTAYN No Incomeand Expenses Annual Amounts Cap Rate 4.50 Incomeand Expenses Annual Amounts Gross Income 137280.00 List Number Prefix 00 Listing Terms Cash New Construction YN No Property Sub Type Duplex Sewer Public Sewer Sign On Property YN No Tax Annual Amount 8672.00 Tax Year 2020 Unit1 Monthly Rent 1500.00 Unit1 Unit Number Newport 1 Unit2 Monthly Rent 2100.00 Unit2 Unit Number Newport 2 Unit3 Monthly Rent 2100.00 Unit3 Unit Number Newport 3 Unit4 Monthly Rent 1750.00 Unit4 Unit Number Ogden Vrbo Home Unit5or More Unit List Attached Yes Water Source Public Zoning Rm (Residential

    Listing information © 2020 MLS of Central Oregon
    Listing provided courtesy of The Wicklund Group.

    © 2020 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 Ladd Group, Cascade Sotheby's International Realty 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 Ladd Group, Cascade Sotheby's International Realty. Data last updated: .2020-06-03T07:44:13.58
     
    Ladd Group, Cascade Sotheby's International Realty
    650 SW Bond St, Suite 100
    Bend OR, 97702

    Listing courtesy of The Wicklund Group.