● Active
$925,000
1761 NE Wichita Way, Bend, OR 97701
beds
baths
3,654
sqft
Property Type
Quadruplex
Quadruplex
Built
1994
1994
Lot Size
0.31 Acres
0.31 Acres
Property Highlights
Four units. All leased. No vacancy history. That's the foundation.
St. Charles Medical Center, Bend's largest employer, is a short walk away. That proximity isn't a coincidence. It's why this building stays full. All four two-bedroom units are currently leased at $1,530 per month, putting $6,120 in monthly gross income on the board. Two units up, two on the main level. Tenants and guests have a private asphalt parking lot, on-site coin-op laundry, and shared storage, all in a separate common area building.
The deferred maintenance question? Already answered. New roof, new siding, fresh exterior paint all done. Lower near-term capital exposure and a cleaner runway for rent growth as leases turn.
Zoning is RM. APOD and rent roll are on file. Interior viewing upon mutual PSA. Do not disturb tenants.
St. Charles Medical Center, Bend's largest employer, is a short walk away. That proximity isn't a coincidence. It's why this building stays full. All four two-bedroom units are currently leased at $1,530 per month, putting $6,120 in monthly gross income on the board. Two units up, two on the main level. Tenants and guests have a private asphalt parking lot, on-site coin-op laundry, and shared storage, all in a separate common area building.
The deferred maintenance question? Already answered. New roof, new siding, fresh exterior paint all done. Lower near-term capital exposure and a cleaner runway for rent growth as leases turn.
Zoning is RM. APOD and rent roll are on file. Interior viewing upon mutual PSA. Do not disturb tenants.
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Facts & features
Bedrooms
Bathrooms
Square Feet
3,654
3,654
Listed By
Central Oregon Realty Group
mark@centraloregonrealtygroup.com
Central Oregon Realty Group
mark@centraloregonrealtygroup.com
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Data source: Oregon Data Share LLC.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.