Listing Courtesy of: Northwest MLS / Windermere Real Estate/Bellevue Commons, Inc. / The Brazens Windermere
$3,499,000
3
BED
3
BATH
2,850
SQFT
  1806 Newman Rd Freeland, WA 98249
Active (172 Days)

Comments

An awesome investment opportunity on Whidbey Island! At the intersection of Scott Rd, Main St & Newman Road, enjoy 2.49 acres of mixed use property with a potential for passive income of $15,200+ / month. A beautiful 2,850 sqft log cabin main house, detached 1,200 sqft 1 bed MIL, 3 commercial retail leases (WAIF Cat Rescue, Healthy Pet Store, Southern Cross Espresso), Food Truck hook-up, six 1 bed + loft ~800 sq ft cottages (currently leased). The perfect place to live & enjoy passive income.

MLS #
1655863
Taxes
$8,500 (2020)
Lot Size
2.49 acres
Type
Single-Family Home
Year Built
1978
Style
18 - 2 Stories W/Bsmnt
School District
South Whidbey Island
County
Island County
Community
Freeland
Bathroom Details
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Half Bathrooms: 1
Interior Features
  • Washer
  • Vaulted Ceilings
  • Refrigerator
  • Range/Oven
  • Microwave
  • High Tech Cabling
  • Dryer
  • Double Oven
  • Dishwasher
  • Dining Room
  • Dbl Pane/Storm Windw
  • Bath Off Master
Kitchen
  • Main
Lot Information
  • Value In Land
  • Paved Street
  • Corner Lot
Property Features
  • Rv Parking
  • Propane
  • Patio
  • High Speed Internet
  • Gas Available
  • Deck
  • Cable Tv
  • Fireplace: 1
  • Foundation: Poured Concrete
Heating and Cooling
  • Heat Pump
Basement Information
  • Fully Finished
Flooring
  • Wall to Wall Carpet
  • Vinyl
  • Hardwood
  • Ceramic Tile
Exterior Features
  • Wood
  • Log
  • Roof: Composition
Utility Information
  • Utilities: Community
  • Sewer: Septic
  • Energy: Propane, Electric
Garage
  • None
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
%
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.
Eli DeBerry
Eli DeBerry
Lic. 124949