SunQuest Realty

568 Ericksen Ave NE, Bainbridge Island, WA 98110 (MLS # 1394332)

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Listing provided by Coldwell Banker Bain

PRICE $1,250,000
BEDS 1
BATHS 2 baths
HOME SIZE 642 sq ft
LOT SIZE 19,166 sqft

LOCATION LOCATION! Value is in entitlements to construct six 3BR townhomes (11,500SF total). Final approval expected in early February '19. Design Board and Historic Commission reviews are complete. Easy walking distance to Seattle ferry and downtown Winslow. Existing 1BR historic (local register) cottage from 1905 will remain and provides rental income during construction period. See Supplements for additional detail.

DAYS ON MARKET 37 LAST UPDATED 1/10/2019
YEAR BUILT 1905 COMMUNITY Winslow
COUNTY Kitsap STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Bainbridge Island


ADDITIONAL DETAILS
AMENITIES Basement
ANNUAL TAXES 6474
APN 26250220512009
AREA 170 - Bainbridge Islan
BANK/REO OWNED N
BATHROOMS1 1.20, 1.20
BATHROOMS2 0.00, 0.00
BATHROOMS3 0.00, 0.00
BATHROOMS4 0.00, 0.00
BATHROOMS5 0.00, 0.00
BATHROOMS6 0.00, 0.00
BEDROOMS1 1
BEDROOMS2 0
BEDROOMS3 0
BEDROOMS4 0
BEDROOMS5 0
BEDROOMS6 0
CAP RATE (NOI / LP) 0.30
ELECRICAL EXPENSES 0
ENERGY SOURCE Electric
EXTERIOR Wood
FLOOR COVERING Hardwood
FORM 17 Provided
FOUNDATION Concrete Block
GENERAL ZONING Multi-Family
GROSS ADJUSTED INCOME 12000
GROSS RENT MULTIPLIER 104
GROSS SCHEDULED INCOME 12000
HEATING AND COOLING Baseboard
HEATING EXPENSES 0
HOME OWNER DUES 0
INSURANCE EXPENSES 632
LEASED ITEMS None
NET OPERATING INCOME 3952
OFFERS Reviewed on receipt
OTHER EXPENSES 0
POSSESION Closing
POTENTIAL TERMS Cash Out
PROPERTY TYPE MULT
ROOF Metal
SEWER Available
SQUARE FEET UNIT 1 642
SQUARE FEET UNIT 2 0
SQUARE FEET UNIT 3 0
SQUARE FEET UNIT 4 0
SQUARE FEET UNIT 5 0
SQUARE FEET UNIT 6 0
STYLE 55 - 5-9 Units
TAX YEAR 2018
TOTAL EXPENSES 8048
TOTAL MONTHLY INCOME 1000
TOTAL NUMBER OF PARKING SPACES 3
UNITS BELOW GRADE N
VACANCY RATE 0
WATER COMPANY City
Listing provided by Coldwell Banker Bain

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2019 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.
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ZESTIMATE
$1162181  568 Ericksen Ave NE, Bainbridge Island, WA

RENT ZESTIMATE
$2500 / mo.  568 Ericksen Ave NE, Bainbridge Island, WA

79 Very Walkable



 
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