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    1855 NE 3rd Street

    Prineville, OR 97754
    • $528,000
    • STATUS: Active
    • ON SITE: 77 days
    • MLS #: 220106723
    Price Reduced
    UPDATED: 63 min ago
    $528,000
    • 0
      BEDS
    • 0.78
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,524
      SQFT
    • $150
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Listing courtesy of Coldwell Banker Bain.

    Description

    Prime investment/redevelopment opportunity with rental income are one of the truly special & versatile components of this rare offering. Comprised of 3 tax lots, portfolio includes 3 homes & vacant lot of .25/AC. that potentially could be developed for additional duplex/multi-family units/shop. Zoning offers a blend of front commercial (C2) w/residential (R2) and is in the path of progress for future commercial redevelopment opportunity on the east retail corridor. Access from 3rd street shared with Club Pioneer & from Laughlin/7th Street. Strong rental occupancy history from the 2 front cottage homes w/additional income generated from renting the owner occupied large home. C2 zoning allows most commercial uses, rare & unique land bank for future commercial /multi-family redevelopment. Close to Grocery Outlet, Ochoco Plaza, adjacent to Club Pioneer. Versatility lives here. Heritage property within its own well-maintained oasis & park-like setting with common areas.

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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 Premiere Property Group, LLC 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 Premiere Property Group, LLC. Data last updated: .2020-10-24T21:44:59.28
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    1855 NE 3rd Street Prineville, OR 97754

    • Price: $528,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 220106723
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.78
    Acres
    3,524
    SQFT
    $150
    $/SQFT
    1940
    Built
    Neighborhood:
    Clacc
    County:
    Crook
    Area:
    Prineville
    Elementary School:
    Barnes Butte Elem
    Middle School:
    Crook County Middle
    High School:
    Crook County High
    Property Description
    Prime investment/redevelopment opportunity with rental income are one of the truly special & versatile components of this rare offering. Comprised of 3 tax lots, portfolio includes 3 homes & vacant lot of .25/AC. that potentially could be developed for additional duplex/multi-family units/shop. Zoning offers a blend of front commercial (C2) w/residential (R2) and is in the path of progress for future commercial redevelopment opportunity on the east retail corridor. Access from 3rd street shared with Club Pioneer & from Laughlin/7th Street. Strong rental occupancy history from the 2 front cottage homes w/additional income generated from renting the owner occupied large home. C2 zoning allows most commercial uses, rare & unique land bank for future commercial /multi-family redevelopment. Close to Grocery Outlet, Ochoco Plaza, adjacent to Club Pioneer. Versatility lives here. Heritage property within its own well-maintained oasis & park-like setting with common areas.
    Exterior Features

    Architectural Style Cottage/Bungalow Construction Materials Frame Exterior Features Fire PitPatio Foundation Details Slab Levels One Lot Features FencedLandscapedLevelSprinklers In FrontSprinklers In Rear Parking Details Numberof Carports 3 Parking Details Numberof Other Parking 3 Parking Features Attached CarportConcreteDrivewayGravelNo Garage Road Surface Type Paved Roof Metal View Territorial

    Interior Features

    Appliances DishwasherDryerMicrowaveOvenRangeRefrigeratorWasher Cooling None Fireplace Features Gas Flooring CarpetVinyl Heating Forced AirNatural Gas Interior Features Ceiling Fan(S)Fiberglass Stall ShowerLaminate CountersLinen ClosetShower/Tub Combo Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Unit1 Numberof Bathrooms 2 Unit1 Numberof Bedrooms 3 Unit1 Square Footage 1980.00 Unit2 Numberof Bathrooms 1 Unit2 Numberof Bedrooms 2 Unit2 Square Footage 722.00 Unit3 Numberof Bathrooms 1 Unit3 Numberof Bedrooms 2 Unit3 Square Footage 722.00 Window Features Aluminum FramesDouble Pane Windows

    Property Features

    Additional Parcels YN Yes Association YN No CCAnd Rs YN No Community Features Dog ParkGas AvailableParkPickleball Court(S)PlaygroundSport CourtTennis Court(S)Trail(S) Cross Street Harding Road Exclusions All Personal Property FIRPTAYN No Incomeand Expenses Annual Amounts Cap Rate 5.01 Incomeand Expenses Annual Amounts Gross Income 36860.00 Incomeand Expenses Annual Amounts Net Operatin 28304.00 Incomeand Expenses Annual Amounts Operating Ex 8556.00 List Number Prefix 00 Listing Terms CashConventional New Construction YN No Property Sub Type Multi Family Sewer Public Sewer Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 3799.53 Tax Year 2020 Unit1 Unit Number 1 Unit2 Monthly Rent 800.00 Unit2 Status Leased Unit2 Unit Number 2 Unit3 Monthly Rent 800.00 Unit3 Status Leased Unit3 Unit Number 3 Water Source PublicWell Zoning C2R2

    Listing information © 2020 MLS of Central Oregon
    Listing provided courtesy of Coldwell Banker Bain.

    © 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 Premiere Property Group, LLC 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 Premiere Property Group, LLC. Data last updated: .2020-10-24T21:44:59.28
     
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    Premiere Property Group, LLC
    1133 NW Wall St. Suite 104
    Bend OR, 97701

    Listing courtesy of Coldwell Banker Bain.