Living Area 0
Sewer Sewer Connected
Heating Baseboard Forced Air Wall Furnace
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition Flat Torch Down
HOA Fee 0
Garage Spaces 1
Year Built 1959
Unit Number 1-14
Property Subtype Multi Family
Tax Year 2026
County Island
Net Operating Income 146753
Insurance Expense 11455
New Construction N
Property Type Residential Income
HOA N
Subdivision Name City Of Oak Harbor
Possible Use Commercial Multi-Family
Special Listing Conditions None
Status Active
Directions From Oak Harbor north on 20 on the right after the Midway/Goldie light. From the bridge on left just before the Midway/Goldie light (across from the Best Western).
High School Buyer To Verify
City Oak Harbor
Senior Community Y/N N
High School District Oak Harbor
Zoning Description Commercial Multi-Family
Number Of Units Total 15
MLS Area 813 - North Whidbey Island
Lot Size Units Square Feet
Lot Size Square Feet 63000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 12736
Electric Expense 11501
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Oak Harbor Terrace a 14-unit multifamily investment opportunity located in Oak Harbor. The property offers investors an attractive combination of stable in-place cash flow and clear upside potential
Leasable Area 7295
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company City
Units Below Grade false
Units In Building Total 14
Water Sewer Garbage 10000
Property Style 56 - 10+ Units
Cap Rate 7.3