2531 Nw Cedar Avenue, Redmond, OR 97756

$995,000
List Price
$995,000
Price Change
▼ $85,000 1628646386
MLS#
220124229
Status
ACTIVE
Type
Multifamily
Year Built
2002
County
Deschutes
City
Redmond
Addition
Fairhaven Vista
Lot Size
7,405
Acres
0.17

Property Description

Excellent Income Property. 4-plex. two units are 3 bed, 2 bath. two units are 2 bed, 2 bath. All have an attached 1 car garage. Excellent Neighborhood. Close to schools. 100% rented for 10 years. Current rents are $1,200; $1,300; $1,295, and $950. All units are current being rented for less than fair market value. 3 units are at then end of their leases and rents will be increased this summer to match local rental rate. Please do not disturb the tenants.

Additional Information

Tax Year
2020
Taxes
$7,041
Hoa
Yes
Hoa Amount
684
Hoa Frequency
Quarterly
Ccr
Yes
Levels
Two
Water
Public
Sewer
Public Sewer
Zoning
R
Cross Street
Mehamma
Elementary School
John Tuck Elem
Middle School
Elton Gregory Middle
High School
Redmond High

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Lowes Flat Fee Realty.

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