530 NW Georgia Ave

Description

Investor alert ! Prime Investment Opportunity in Old Bend Dual-Dwelling Property on NW Georgia Ave, Located in the highly desirable neighborhood between DOWNTOWN and OLD MILL in Historic Old Town Bend, 530 and 530 1/2 NW Georgia Ave. presents a rare opportunity to own a dual-dwelling in the heart of Bend. This property features 2 homes! The main house located at 530 NW Georgia Ave is a 3-bedroom, 1-bath main home, approx. 880 sq ft with a daylight basement, carport and backyard. The cottage located at 530 1/2 NW Georgia Ave is a 1-bedroom, 1-bath ADU, with a front yard and fire pit approx 460 sq ftideal for generating rental income, future redevelopment or multi-generational housing. Both homes have had renovations to modernize the kitchens and bathooms, while maintaining the classic Bohemian Vintage. With some additional TLC, it could significantly increase rental income or resale value. The ADU is a functional space with solid rental history. Located in Bend's most walkable/bike-able neighborhoods, this property is just a few blocks from Downtown, Old Mill, Drake Park, the river, Tower Theatre, Hayden Homes amphitheater, and surrounded by local eateries, bars, wine and breweries, stores and shops. With easy access to Hwy 97 and 20, you are only a short drive to all the ski/snowboarding and golf resorts central cascades have to offer. This particular block is close to everything but tucked away from the Bond/Wall and Arizona/Colorade traffic flows which gives is a slower, more private environment. These homes are truly quintessential Bend! Opportunities like this in Old Bend are limiteddon't miss your chance to invest in one of the city's hottest and most historically rich areas.