8226 Birch Bay Dr, Birch Bay, WA 98230

$899,000
2,107
SqFt

Listing courtesy of Hansen Group Real Estate Inc.

List Price
$899,000
Status
PENDING FEASABILITY
MLS#
1621395
Days on Market
8
Style
55 - 5-9 Units
Finished SqFt
2,107
Lot Size (sq ft)
52,272

Property Description

Own your own resort on the beach in Birch Bay on the water. Featuring Main waterfront view home & 4 rental cottages (approx 400 SF per unit. Sleeps 3 to 5). Panoramic water views. Private beach with deeded tidelands. Charming setting, Main House estimate: $2000 to $2200 per month (Lease), or $1850 to $2200 weekly (Vacation). Cottages:Currently renting at $900 per month-per cottage (Lease), or $3200 to $3400 per month-per cottage(Vacation nightly/weekly).

Additional Information

List Date
2020-06-26 00:00:00
Community
Birch Bay
Property Type
MULT
Units
5
Stories
1
Potential Terms
Cash Out, Conventional, State Bond, USDA, VA
Year Built
1952
Total Parking
12
Uncovered Parking
12
Waterfront
Yes
View
Bay, Sound
Exterior
Wood
Roof
Flat
Site Features
Patio
Lot Details
Paved Street
School District
Blaine
Elementary School
Blaine Elem
Middle School
Blaine Mid
High School
Blaine High
Total Monthly Income
$5,600
Gross Scheduled Income
$67,200
Gross Adjusted Income
$48,027
Annual Taxes
$5,055
Tax Year
2019
Insurance Expense
$1,492
W/S/G Expenses
$1,601
Total Expenses
$19,173
Net Operating Income
$48,027
Gross Rent Multiplier
13
Cap Rate
5

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
2.50
Unit 1 Size
2107
Unit 1 Rent
$2,000
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
400
Unit 2 Rent
$900
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
400
Unit 3 Rent
$900
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Size
400
Unit 4 Rent
$900
Unit 5 Beds
1
Unit 5 Baths
1.00
Unit 5 Size
400
Unit 5 Rent
$900
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