418 Pine St $1,500,000

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    418 Pine St Orcas Island, WA 98245

    • 0 Beds
    • 0 Baths
    • 4,800 sq.ft.
    • Multi-Family
    Listing# 1500168 | Active
    Days On Market: 131 4 Views
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    Property Details

    The Northern Heights Apartments are located in the heart of downtown Eastsound. A very rare income producing apartment complex on Orcas Island w/ 12 units & recent renovations and upgrades. Beautiful patio decks with town views, keyless entry locks, high speed fiber internet available. Private reserved parking and renovated laundry facility. Ladies Garden Club Onsite. Very short distance to markets, schools, library, restaurants and shopping. Long history of 100% occupancy with strong demand.

    • General Features
      • County San Juan
      • County San Juan
      • Lot Details Corner Lot
      • Lot Dimensions 131x100
      • Lot Square Footage 13,507
      • Number of Stories 2
      • Number of Units 12
      • Selling Office Commission 2.5
      • Site Features High Speed Internet
      • Style 56-10+ Units
      • Year Built 1976
    • Building Features
      • Roof Torch Down
      • Exterior Wood
      • Amenities See Remarks
      • Approx SqFt 4,800
      • Floor Covering Laminate Hardwood, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $7,280
      • Net Operating Income $62,082
      • Gross Scheduled Income $87,360
      • Gross Adjusted Income $87,360
      • Total Expenses $25,278
      • Other Expenses $1,089
      • Insurance Expenses $3,000
      • Expenses $25,278
      • Heating Expenses $0
      • Electrical Expenses $1,320
      • Gross Rent Multiplier 6
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $4,962
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company Eastsound Water Users Association
      • Sewer Company Sewer Connected
    • Schools
      • School District Orcas Island
      • Senior High Orcas Isl High
      • Junior High Orcas Isl Mid
      • Elementary School Orcas Elem

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    Neighborhood

    98245 (Orcas Island) Demographics

    54 Median Age
    120 Population Density (per sq. mile)
    51% College Educated
    $46,667 Estimated Median Income
    1,299 Estimated Total Home Owners
    593 Estimated Total Renters
    69% / 31% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    3,854 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $808,400 Median Sales Price
    5 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,500,000
        8/2/2019 3:32:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. 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. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.