1647 NE Lotus Drive, Bend, OR 97701

This duplex offers a unique opportunity to own an income-generating property in a Residential Medium Density (RM) zone, providing incredible potential for future development or expansion. One unit is the original home and the other is a basement apartment.  The RM zoning allows for greater density, making this property a prime candidate for adding units or redevelopment. Already generating $43,200/year in gross income with potential to increase. Now being offered at $735,000 with a $10,000 credit for to buy down your interest rate! Perfect For Investors looking for reliable cash flow with potential to increase returns through redevelopment or adding units,Developers seeking properties with zoning flexibility and future growth potential, and Owner-occupants wanting to offset their mortgage by renting one unit while living in the other.Don't miss this opportunity to capitalize on the flexibility and income potential that this RM-zoned duplex offers! Contact me today for mor