4142 Kimberly Way
4142 Kimberly Way
Oak Harbor, WA 98277
$649,000
Price
4
Beds
4
Baths
2,200 Sq. Ft.
$295 / Sq. Ft.
2,200
Sq. Ft.
$295
per Sq. Ft.
Listing provided courtesy of Windermere R.E. Northeast, Inc
Description
Fully rented, solid investment opportunity. 1 bedroom, 1 bath units 4-plex. Great location halfway between Deception Pass and Oak Harbor. Brand new shiny roof to be installed prior to closing, currently in the works. Very low maintenance building. Lots of parking. Large lot 33,541 sq ft, possibility of future expansion. No HOA, septic system, very low expenses. rents are currently below market. Good long term investment. Seller will be doing a 1031 exchange.Fully rented, solid investment opportunity. 1 bedroom, 1 bath units 4-plex. Great location halfway between Deception Pass and Oak Harbor. Brand new shiny roof to be installed prior to closing, currently in the works. Very low maintenance building. Lots of parking. Large lot 33,541 sq ft, possibility of future expansion. No HOA, septic system, very low expenses. rents are currently below market. Good long term investment. Seller will be doing a 1031 exchange.
- Listed by Ron Volz • Windermere R.E. Northeast, Inc
Property Details for 4142 Kimberly Way
Community Name
Oak Harbor
School DistrictOak Harbor
ViewTerritorial
Number of Assigned Spaces12
Total Covered Parking0
Entry Date07-13-2023
Energy SourceElectric
SewerSeptic Tank
Location
Listing Courtesy of Windermere R.E. Northeast, Inc![]()
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LISTING UPDATED: 04/10/2024 09:30 AM
Property Details for 4142 Kimberly Way
| Status | Active |
|---|---|
| MLS # | 2138412 |
| Days on Market | 296 |
| Cumulative Days on Market | 274 |
| Taxes | $3,520 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1975 |
| Lot Size | 0.77 AC / 33,541 SF |
| County | Island County |
Location
Listing Courtesy of Windermere R.E. Northeast, Inc![]()
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Building Information for 4142 Kimberly Way
Stories1Residences4Year Built1975Building Size-Lot Size0.77 AC / 33,541 SF
Payment Calculator
$3,835 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,542
Property Taxes
$293
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 4142 Kimberly Way
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Cable TV, Patio
- Area: 813 - North Whidbey Island
- Directions: Going South on HWY 20, go left on Jones Road heading west. Take a left or north on Kimberly Way. First building on the left
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 12.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Vinyl, Carpet
- Features: Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water Source: Community
- Water/Sewer/Garbage: 750
- Power Company: PSE
- Sewer Company: Septic
- Water Company: Community
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Zoning Class: Multi-Family,Residential
- First Right Of Refusal: false
- Possible Use: Multi-Family, Residential
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 3
Lot Information
- Lot Details: Open Space
- Lot Size Dimensions: 33541
- Lot Size Source: Island County
- Parcel Number Free Text: R233071721430
- Building Condition: Good
- Calculated Square Footage: 2200
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2200.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 12
- Number of Stories in Building: 1
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $60
- Total Expenses: 6380
- Gross Adjusted Income: 53700
- Gross Rent Multiplier: 12.8
- Gross Scheduled Income: $53,700
- Insurance Expense: $2,050
- Net Operating Income: $45,170
- Other Expenses: $0
- Total Monthly Income: 0
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 550
- Rent Unit 1: $1,225.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 550
- Rent Unit 2: $1,060.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: C
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 550
- Rent Unit 3: $1,115.00
- Bedrooms Unit 3: 1
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: D
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 550
- Rent Unit 4: $1,250.00
- Bedrooms Unit 4: 1
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2200.0
- Leasable Area Units: Square Feet
Property History for 4142 Kimberly Way
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4142 Kimberly Way
Taxable ValueLand$270,000Additions$252,318Total$522,318
Home Facts
Beds4Total Finished SqFt2,200 SqFtAbove Ground SqFt2,200 SqFtStories1Lot Size33,541 SqFtStyleSingle Family ResidenceYear Built1975Zoning10CountyISLANDAPNR23307-172-1430
Schools near 4142 Kimberly Way
This home is within Oak Harbor School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 4 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Crescent Harbor Elementary School PublicK to 4 | ||
North Whidbey Middle School Public7 to 8 | ||
Oak Harbor High School Public9 to 12 | ||
Oak Harbor Virtual Academy PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Windermere R.E. Northeast, Inc
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.