Listing Courtesy of: Northwest MLS / Windermere Real Estate/Whidbey Island / Marissa Evans
$1,400,000
12
BED
6
BATH
7,278
SQFT
  5453 & 5461 Cherry St Freeland, WA 98249
Pending (22 Days)

Comments

Rare Whidbey Island Investment opportunity! 2 newly renovated 4-Plexes! 2 adjacent lots & a 3rd vacant parcel all sold together. Each building has 4 units all 2bd/1 bath. Washer/dryers & water heaters in each unit. Dead end street w/open parking. High tenant retention in desirable Freeland w/high demand for rentals. All upper units have views! Building 5461 converted to condos was built in 1987, upper units have decks. 5453 built in 1979. Newer paint/roofs on both. Apts range from 870-921 sqft.

MLS #
1681529
Taxes
$7,383 (2020)
Lot Size
1.49 acres
Type
Multifamily
Year Built
1987
Style
55 - 5-9 Units
Views
Territorial
School District
South Whidbey Island
County
Island County
Community
Freeland
Bathroom Details
Lot Information
  • Paved Street
  • Dead End Street
  • Cul-De-Sac
Property Features
  • Patio
  • High Speed Internet
  • Deck
  • Cable Tv
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
Flooring
  • Wall to Wall Carpet
  • Vinyl
Exterior Features
  • Wood Products
  • Wood
  • Roof: Composition
Utility Information
  • Utilities: Public
  • Sewer: Septic
  • Energy: Electric
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Buyer to Verify
  • High School: Buyer to Verify
Additional Listing Info
  • Selling Office Commission: 3
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.