Property Description

Rare High Density Investment & Development Opportunity One Block from Wall Street.Located in Bend's RH, High Density Residential zone, this unique property sits just one block from Wall Street, two blocks from Bond Street, and moments from Downtown Bend. Situated on a single tax lot are two existing detached homes, creating an opportunity for investors or developers to generate rental income while exploring the property's future development potential.The primary residence offers approximately 1,300 square feet with 3 bedrooms and 1 bathroom, while the second home is approximately 595 square feet. Both homes have been utilized as rentals for many years, with one currently vacant. Photos include both residences.The real opportunity may be in the combination of high density zoning, existing rental potential and an exceptional central Bend location. RH zoning offers potential for higher density residential redevelopment, subject to City of Bend approval, development standards and buyer due diligence.Hold and rent the existing homes, improve the properties, or explore future redevelopment potential. Two homes, one tax lot, high density zoning and a location that is incredibly difficult to replicate.Property is being sold as is. Buyer to perform all due diligence regarding zoning, development potential, permitted uses, condition, square footage and configuration of both residences.