690 K201-204 NW Atalanta Way, Oak Harbor, WA 98277
- $749,000
- 6,408
- SqFt
Listing courtesy of Windermere R.E. Northeast, Inc.
- List Price
- $749,000
- Status
- ACTIVE
- MLS#
- 2055677
- Days on Market
- 49
- Style
- 54 - 4-Plex
- Building Condition
- Average
- Finished SqFt
- 6,408
- Area Total SqFt
- 6408
- Annual Tax Ammount
- 6532
- Lot Size (sq ft)
- 2,009
- Sewer
- Sewer Connected
Property Description
Great investment opportunity, each unit is two bedrooms, 1 full bath, washer and dryer. Great living room, kitchen, laundry room. Great intown location, near shopping, parks and downtown Oak Harbor amenities. Easy commute to Naval Air Station. The major expense is the HOA, this covers water, sewer, garbage, exterior building maintenance along with the building insurance. The two major expenses are the HOA and property taxes, this makes the units very easy to manage. Always rented, each unit has its own Tax id numbers. There is great rent increase potential. The buildings are schedules to be painted this summer paid for through the HOA.
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Additional Information
- List Date
- 2023-04-13 18:36:10
- Community
- Oak Harbor
- Net Operating Income
- $41,960
- Gross Adjusted Income
- $62,940
- Gross Scheduled Income
- $62,940
- Total Monthly Income
- $62,940
- Gross Rent Multiplier
- 17.85
- Total Expenses
- $20,972
- Cap Rate
- 5.6
- Total Number of Units
- 4
- Unit Name
- 690 K201-204
- Potential Terms
- Conventional
- Year Built
- 1988
- View
- Territorial
- Roof
- Composition
- Site Features
- High Speed Internet, Patio
- Other Expenses
- 14440
- Energy Source
- Electric
- School District
- Oak Harbor
- Total Monthly Income
- $62,940
- Gross Scheduled Income
- $62,940
- Gross Adjusted Income
- $62,940
- Tax Year
- 2023
- Total Expenses
- $20,972
- Net Operating Income
- $41,960
- Gross Rent Multiplier
- 17.85
- Cap Rate
- 5.6
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