1806 Newman Rd

    Freeland, WA 98249
    • $4,200,000
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: 1594874
    UPDATED: 59 min ago
    $4,200,000
    • 3
      BEDS
    • 2.49
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,850
      SQFT
    • $1,474
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1978
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Windermere Bellevue Commons.

    Description

    An awesome investment opportunity awaits on Whidbey Island! At the intersection of Scott Rd, Main St & Newman Road, enjoy 2.49 acres of mixed use property with a passive income of $12,500 per month. Includes a beautiful 2,850 sq ft log cabin main house, detached 1,200 sqft 1 bed MIL, 3 commercial retail leases (WAIF Cat Rescue, Healthy Pet Store, Southern Cross Espresso), BBQ Food Truck, & six 1 bed + loft ~800 sq ft cottages (currently leased). The perfect place to live & enjoy passive income.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-06-03T16:15:46.573.

    www.alchemyre.com/homes/105918584

    1806 Newman Rd Freeland, WA 98249

    • Price: $4,200,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 1594874
    3
    Beds
    2
    Baths
    0
    ½ Baths
    2.49
    Acres
    2,850
    SQFT
    $1,474
    $/SQFT
    1978
    Built
    Neighborhood:
    Freeland
    County:
    Island
    Area:
    South Whidbey Island
    School District:
    South Whidbey Island
    Property Description
    An awesome investment opportunity awaits on Whidbey Island! At the intersection of Scott Rd, Main St & Newman Road, enjoy 2.49 acres of mixed use property with a passive income of $12,500 per month. Includes a beautiful 2,850 sq ft log cabin main house, detached 1,200 sqft 1 bed MIL, 3 commercial retail leases (WAIF Cat Rescue, Healthy Pet Store, Southern Cross Espresso), BBQ Food Truck, & six 1 bed + loft ~800 sq ft cottages (currently leased). The perfect place to live & enjoy passive income.
    Exterior Features

    Architecture Cabin Building Condition Very Good Building Information Built On Lot Exterior LogWood Foundation Poured Concrete Lot Details Corner LotPaved StreetValue In Land Lot Topography And Vegetation Garden SpaceLevel Parking Type None Roof Composition Style 18 - 2 Stories w/Bsmnt Total Covered Parking Spaces 3

    Interior Features

    Appliances DishwasherDouble OvenDryerMicrowaveRange/OvenRefrigeratorWasher Basement Fully Finished Bedrooms Lower 2 Bedrooms Main 0 Bedrooms Upper 1 Fireplaces 1 Floor Covering Ceramic TileHardwoodVinylWall to Wall Carpet Heating And Cooling Heat Pump Interior Features Bath Off MasterDbl Pane/Storm WindwDining RoomHigh Tech CablingVaulted Ceilings Master Bedroom Location Upper Square Footage Finished 2850 Square Footage Unfinished 0 Water Heater Under Deck-Electric

    Property Features

    Bank Owned No Energy Source ElectricPropane EPSEnergy 0 Form17 Provided Hers Index 0 Home Owner Dues 0 Leased Equipment Propane Tanks Monthly Rent If Rented 0 New Construction YN No Possession ClosingSee Remarks Power Company Puget Sound Energy Right Of First Refusal No Senior Exemption N Septic Approved For Number Of Bedrooms 4 Sewer Septic Site Features Cable TVDeckGas AvailableHigh Speed InternetPatioPropaneRV Parking Square Footage Source County Records Tax Amount 8500 Tax Year 2020 Terms Cash OutConventional Third Party Approval Required None Water Company Freeland Water Source Community Zoning Code Rc Zoning Jurisdiction County

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Alchemy Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Alchemy Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-06-03T16:15:46.573.

     
    Alchemy Real Estate
    2921 Eastlake Ave E
    Seattle WA, 98102
    Listing Courtesy of Windermere Bellevue Commons.