Bought with Keller Williams Realty Bothell
$612,500
$639,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
2,200 SqFt
SOLD DATE : 07/02/2024
Key Details
Sold Price $612,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $278
Subdivision Oak Harbor
MLS Listing ID 2138412
Sold Date 07/02/24
Style 54 - 4-Plex
Year Built 1975
Annual Tax Amount $3,520
Lot Size 0.770 Acres
Lot Dimensions 33541
Property Sub-Type Multi-Family
Property Description
Fully rented, solid investment opportunity. New roof and underlayment just installed, 1 bedroom, 1 bath units, 4-plex. Great location halfway between Deception Pass and Oak Harbor. Very low maintenance building. Lots of parking. Large lot 33,541 sq ft, possibility of future expansion. No HOA, septic system, very low expenses. rents are currently well below market rates, and slowly being increased. Good long-term investment. always rented. Seller will be doing a 1031 exchange.
Location
State WA
County Island
Area 813 - North Whidbey Island
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Cable TV, Patio
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Open Space
Sewer Septic Tank
Water Community
New Construction No
Schools
School District Oak Harbor
Others
Senior Community No
Acceptable Financing Conventional, FHA, VA Loan
Listing Terms Conventional, FHA, VA Loan
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