418 Pine St

    Orcas Island, WA 98245
    • $1,500,000
    • STATUS: Active
    • ON SITE: 47 days
    • ID#: 1500168
    $1,500,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,800
      SQFT
    • $313
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1976
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Windermere Re Orcas Island.

    Description

    The Northern Heights Apartments are located in the heart of downtown Eastsound. A very rare income producing apartment complex on Orcas Island w/ 12 units & recent renovations and upgrades. Beautiful patio decks with town views, keyless entry locks, high speed fiber internet available. Private reserved parking and renovated laundry facility. Ladies Garden Club Onsite. Very short distance to markets, schools, library, restaurants and shopping. Long history of 100% occupancy with strong demand.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-19T00:15:38.293.

    www.thekendratoddgroup.com/homes/97550623

    418 Pine St Orcas Island, WA 98245

    • Price: $1,500,000
    • Status: Active
    • ID#: 1500168
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    4,800
    SQFT
    $313
    $/SQFT
    1976
    Built
    Neighborhood:
    Eastsound
    County:
    San Juan
    Area:
    Orcas/Shaw/Obstruction/Crane Islands
    Elementary School:
    Orcas Elem
    Middle School:
    Orcas Isl Mid
    High School:
    Orcas Isl High
    School District:
    Orcas Island
    Property Description
    The Northern Heights Apartments are located in the heart of downtown Eastsound. A very rare income producing apartment complex on Orcas Island w/ 12 units & recent renovations and upgrades. Beautiful patio decks with town views, keyless entry locks, high speed fiber internet available. Private reserved parking and renovated laundry facility. Ladies Garden Club Onsite. Very short distance to markets, schools, library, restaurants and shopping. Long history of 100% occupancy with strong demand.
    Exterior Features

    Building Condition Good Carport Spaces 0 Construction Methods Standard Frame Exterior Wood Foundation Concrete Block Garage Spaces 0 Lot Details Corner Lot Lot Dimensions 131X100 Roof Torch Down Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 17 Uncovered Spaces 17

    Interior Features

    Floor Covering Laminate HardwoodWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 400 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 400 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 400 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 400 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 400 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 400 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities See Remarks Bank Owned No Cap Rate 4.13 Electrical Expenses 1320 Energy Source Electric EPSEnergy 0 Form17 Exempt General Zoning Classification Multi-Family Gross Adjusted Income 87360 Gross Rent Multiplier 6 Gross Scheduled Income 87360 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3000 Leased Items None Lot Number 6 Net Operating Income 62082 New Construction YN No Other Expenses 1089 Possession ClosingNegotiable Power Company Opalco Right Of First Refusal No Septic Approved For Number Of Bedrooms 12 Sewer Sewer Connected Sewer Company Eastsound Sewer District Site Features High Speed Internet Tax Amount 4962 Tax Year 2019 Terms Cash Out Third Party Approval Required None Total Expenses EXP 25278 Total Expenses TEX 25278 Total Monthly Income 7280 Unit1 Monthly Rent 600 Unit2 Monthly Rent 680 Unit3 Monthly Rent 575 Unit4 Monthly Rent 675 Unit5 Monthly Rent 575 Unit6 Monthly Rent 625 Vacancy Rate 0 Water Company Eastsound Water Users Association Water Sewer Garbage 15966 Water Source Public Zoning Jurisdiction County

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Kendra Todd Group at Keller Williams and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-19T00:15:38.293.

     
    The Kendra Todd Group at Keller Williams
    1307 N. 45th Street Suite 300
    Seattle WA, 98103
    Listing Courtesy of Windermere Re Orcas Island.