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Key Details
Sold Price $823,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $211
Subdivision Shadow Glen Estate
MLS Listing ID 220148068
Sold Date 04/24/23
Style Traditional
Year Built 1996
Annual Tax Amount $6,218
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 0.39
Property Sub-Type Quadruplex
Property Description
This is an excellent opportunity for investors looking to add a income-producing property to their portfolio. This multi-unit building located in a quiet and desirable neighborhood in Redmond, offers four two-bedroom, one-bathroom units, all with a great rental history. The property sits on a large .39-acre lot with eight parking spaces and room for expansion. Each unit features zonal heating and wall A/C units for comfort and the roof was replaced in 2019. Additionally, the building features an attached coin-operated laundry facility with new appliances, providing additional income potential. Further, there is a potential for additional income by adding garages or storage units to the property. With a great location and solid rental history, this property is a must-see for any investor looking for a profitable investment.
Location
State OR
County Deschutes
Community Shadow Glen Estate
Rooms
Basement None
Interior
Interior Features Shower/Tub Combo
Heating Electric, Wall Furnace
Cooling Wall/Window Unit(s)
Window Features Double Pane Windows,Vinyl Frames
Exterior
Parking Features Asphalt, No Garage, On Street, Parking Lot
Roof Type Composition
Building
Lot Description Corner Lot, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
Foundation Stemwall
Water Public
Architectural Style Traditional
Level or Stories Two
Structure Type Frame
New Construction No
Schools
High Schools Redmond High
Others
Senior Community No
Tax ID 187086
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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