690 NW Atalanta Way, Oak Harbor, WA 98277
- $1,495,000
- 6,408
- SqFt
Listing courtesy of Windermere R.E. Northeast, Inc.
- List Price
- $1,495,000
- Status
- ACTIVE
- MLS#
- 2003272
- Price Change
- ▼ $195,000 1666119436
- Days on Market
- 161
- Style
- 55 - 5-9 Units
- Building Condition
- Average
- Finished SqFt
- 6,408
- Area Total SqFt
- 6408
- Annual Tax Ammount
- 10522
- Lot Size (sq ft)
- 2,009
- Sewer
- Sewer Connected
Property Description
Great investment opportunity, Cap 5.85, units, each with separate tax ID numbers, each of the units have 2 bedrooms, 1 full bath, washer and dryer, living room and utility room. Very easy to manage, HOA covers water, garbage, grounds maintenance, exterior building maintenance also includes building insurance. Tenant pays their own electricity. Building is scheduled to be painted this spring paid by the HOA. Rents are undervalued, creating great future value. lots of parking. rentals are in demand in Oak harbor.
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Additional Information
- List Date
- 2022-10-22 16:31:09
- Community
- Oak Harbor
- Net Operating Income
- $87,480
- Gross Adjusted Income
- $122,040
- Gross Scheduled Income
- $122,040
- Total Monthly Income
- $10,220
- Gross Rent Multiplier
- 12.25
- Total Expenses
- $34,522
- Cap Rate
- 5.85
- Total Number of Units
- 8
- Unit Name
- 690
- Potential Terms
- Conventional
- Year Built
- 1988
- Roof
- Composition
- Site Features
- Cable TV
- Heating/Cooling Type
- Baseboard
- Other Expenses
- 24000
- Energy Source
- Electric
- School District
- Oak Harbor
- Total Monthly Income
- $10,220
- Gross Scheduled Income
- $122,040
- Gross Adjusted Income
- $122,040
- Tax Year
- 2021
- Total Expenses
- $34,522
- Net Operating Income
- $87,480
- Gross Rent Multiplier
- 12.25
- Cap Rate
- 5.85
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