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 (200 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
  • Bath Off Master
  • Dining Room
  • High Tech Cabling
  • Vaulted Ceilings
  • Dishwasher
  • Microwave
  • Range/Oven
  • Double Oven
  • Dbl Pane/Storm Windw
  • Refrigerator
  • Dryer
  • Washer
Kitchen
  • Main
Lot Information
  • Corner Lot
  • Paved Street
  • Value In Land
Property Features
  • Cable Tv
  • Deck
  • Gas Available
  • Patio
  • Propane
  • Rv Parking
  • High Speed Internet
  • Fireplace: 1
  • Foundation: Poured Concrete
Heating and Cooling
  • Heat Pump
Basement Information
  • Fully Finished
Flooring
  • Ceramic Tile
  • Hardwood
  • Vinyl
  • Wall to Wall Carpet
Exterior Features
  • Log
  • Wood
  • Roof: Composition
Utility Information
  • Utilities: Community
  • Sewer: Septic
  • Energy: Electric, Propane
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.