Sold

Listed by: Better Homes&Gardens McKenzie • James Woessner

Bought with: Dale Walters Real Estate

$3,750,000

395 S Oak Harbor Street, Oak Harbor, WA 98277

--beds

--baths

17,830sqft

Multi Family

Built in 1977

-- sqft lot

$3,039,600 Zestimate^®

$210/sqft

$1,997 Estimated rent

Home value

$3,039,600

$2.34M - $3.98M

$1,997/mo

Zestimate^® history

Owner options

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$1,997/mo

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$1,997/mo

Rent Zestimate^®

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$22,148/mo

Est. payment

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$22,148/mo

Est. payment

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What's special

First time on market! This great 20-unit multifamily property is in the heart of Oak Harbor with a superior rental history. Both buildings are cement plank sided and in great condition. Very low occupancy rates due to the quality of construction and location close to grocery, shopping and base. Each unit has a fireplace and one covered and one uncovered parking stall along with a storage unit. Each apartment also has its own laundry hookups and could easily be converted to condos. Oversized lot has area for possible additional units to be built. This is an outstanding performing property. All units are currently leased. Don't miss out on this opportunity.

Facts & features

Interior

Heating

Baseboard, Electric

Cooling

None

Features

Flooring: Vinyl, Carpet
Windows: Thermal Windows
Has fireplace: No

Interior area

Total structure area: 17,830
Total interior livable area: 17,830 sqft

Property

Parking

Total spaces: 42
Parking features: Open
Carport spaces: 20
Uncovered spaces: 22

Features

Patio & porch: Wall to Wall Carpet

Lot

Size: 1.62 Acres
Features: Dead End Street, Paved, Cable TV, Deck, High Speed Internet

Details

Parcel number: R132024780070
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: 10+ Units
Property subtype: Multi Family

Materials

Wood Siding
Roof: Composition

Condition

Year built: 1977
Major remodel year: 1978

Utilities & green energy

Electric: Company: PSE
Sewer: Sewer Connected, Company: City of Oak Harbor
Water: Public, Company: City of Oak Harbor

Green energy

Energy efficient items: Thermal Windows

Community & HOA

Community

Subdivision: Oak Harbor

Location

Region: Oak Harbor

Financial & listing details

Price per square foot: $210/sqft
Annual tax amount: $33,321
Date on market: 7/14/2023
Cumulative days on market: 1104 days
Listing terms: Conventional

Price history

Date	Event	Price
8/15/2023	Sold	$3,750,000-10.7%$210/sqft
Source: NWMLS as distributed by MLS GRID #2065566 Report a problem
6/16/2023	Pending sale	$4,200,000$236/sqft
Source: NWMLS as distributed by MLS GRID #NWM2065566 Report a problem
5/11/2023	Listed for sale	$4,200,000$236/sqft
Source: NWMLS as distributed by MLS GRID #NWM2065566 Report a problem