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$1,100,000 For Sale

785 Vesper Way
Camano Island, WA 98292

6 units | Multi Family Home
0.62 acres - MLS# 1497564
Property Photo
1/24

Description

Fantastic Sound & Mt. View Apartment Building w/Beach Rights to Driftwood Heights. These units have Large covered decks for year round enjoyment & great for entertaining. Large picture windows in the living rm w/firepl. Open floor plans. Appliances stay. Updated in last 6 yrs. Large common yard. Great rental market on Camano Island. Driftwood Heights water Association. All units the same except reverse floor plans. Stanwood/Camano School district. Great location w/easy commute. Bus near by too.

Features

  • # of Parking Spaces: 10
  • Amenities: Thermal Windows, See Remarks
  • Approved Number of Bedrooms: 12
  • Area: Driftwood Heights
  • Area Number: 780
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bathrooms Unit 6: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 2
  • Bedrooms Unit 3: 2
  • Bedrooms Unit 4: 2
  • Bedrooms Unit 5: 2
  • Bedrooms Unit 6: 2
  • Building Condition: Good
  • Cap Rate - NOI div LP: 6.00
  • County/Area: Island County
  • Electrical Expenses: $180
  • Elementary School: Elger Bay Elem
  • Energy Source(heat): Electric, Wood
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family, Residential
  • Gross Adjusted Income: $89100
  • Gross Rent Multiplier: $12
  • Gross Scheduled Income: $89100
  • Heating/Cooling: Wall
  • High School: Stanwood High
  • Insurance Expenses: $2202
  • Listing Status: Active
  • Lot Details: Curbs, Paved Street
  • Lot Size: 0.6200
  • Middle School: Stanwood Mid
  • Net Operating Income: $76937
  • Number of Stories in Building: 3
  • Number of Uncovered Spaces: 10
  • Other Expenses: $266
  • Parking Spaces: 10
  • Power Company: Sno Co Pud
  • Property Type: Multi Family Home
  • Rent Unit 1: $1350
  • Rent Unit 2: $1225
  • Rent Unit 3: $1150
  • Rent Unit 4: $1150
  • Rent Unit 5: $1275
  • Rent Unit 6: $1275
  • Roof: Composition
  • School District: Stanwood
  • Sewer Company: Septic
  • Site Features: Cable TV, Deck, High Speed Internet, Outbuildings
  • Sq.Ft.: 6384
  • Square Feet Unit 1: 1064
  • Square Feet Unit 2: 1064
  • Square Feet Unit 3: 1064
  • Square Feet Unit 4: 1064
  • Square Feet Unit 5: 1064
  • Square Feet Unit 6: 1064
  • Sub Type: Multi Family Home
  • Total Expenses: $12163, $12163
  • Total Monthly Income: $7425
  • Units: 6
  • Vacancy Rate: 5
  • Water Company: Driftwood Heights
  • Water Source: Community, Public, See Remarks
  • Water/Sewer/Garbage: 4452
  • Year Built: 1978
  • Zip Code: 98292
  • View: Bay, Mountain, See Remarks, Sound, Territorial

Courtesy of:

©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than New Horizon Realty LLC are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-08-24

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New Horizon Realty LLC
1410 7th St Suite C-1
Marysville, WA 98270
Office: 360-691-9297
Email: office@newhorizonrealty.net

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