Active
2621 NW Cedar Avenue Unit: UNIT 1
Redmond OR, 97756
$1,150,000
$237.21 per sqft
Active
10 Beds
12 Baths
4,848 sqft
Multi-family
Built in 2003
Courtesy of Morris Properties, Erika Morris
Solid investment opportunity with original owner in NW Redmond. Easy to own and keep occupied from out of area. End units are two primary bedrooms upstairs with private bathrooms and laundry for ease of organization. All units have newer LVP flooring and carpets. The two interior units have three bedrooms upstairs with laundry and two full baths as well. All interior paint recently done in all units, along with full exterior paint. Attached single car garages with additional parking for each unit. Photos are of unit #1 and is the 2023 condition. HOA monthly covers costs of water/sewer/trash/landscaping/ admin/management of grounds and the $150 covers assessment for 2023, larger projects including asphalt. Walk to Elementary School and Cascade Swim Center. Well maintained and professionally managed. Solid tenants in place. Unit 1 rent increases to $1755 July 2024. Actual 2023 CAP rate including taxes and insurance 4.1. Proforma for 2024 4.7
220180311
MLSⓇ ID
April 11, 2024
Listed
May 9, 2024
Updated
Map
2621 NW Cedar Avenue Unit: UNIT 1
Redmond OR, 97756
Interior Features
Total Stories
2
Bedrooms
10
Total Bathrooms
12
Full Bathrooms
8
Half Bathrooms
4
Interior Features
Shower/Tub Combo
Appliances
Dishwasher, Microwave, Oven, Range, Refrigerator
Floor Description
Carpet, Vinyl
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.19 Acres
Exterior Features
1 Common Wall, 2 Common Walls, End Unit, No One Above, Frame
Lot Features
Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front
Architectual Style
Contemporary
Roof
Composition
Sewer
Public Sewer
School Information
School District
Square Feet
High School
Redmond High
Elementary School
Hugh Hartman Elem
Other Property Details
Taxes
$7,834
Tax Frequency
Annually
Association Fee
$695
Association Fee Frequency
Monthly
Association Amenities
Landscaping, Sewer, Snow Removal, Trash, Water
Garage
Yes
Garage Spaces
4
Parking
Asphalt, Attached, Garage Door Opener, On Street
Parking Total
4848
View
Yes
View Description
Neighborhood
County
Deschutes
Municipality
4
Water Source
Public
Pool
No
Zoning
R4
Green Building Features
Green Features
Home Energy Score, Public Utilities
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Data last updated 2:10 PM UTC, 5/9/2024