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Listing 9 out of 53
$855,000 For Sale

133 Osprey Ridge Dr
Port Ludlow, WA 98365

Multi Family Home
1.12 acres - MLS# 1450740 Courtesy of Windermere R.E. Port Townsend
Property Photo
1/21

Description

Outstanding investment/development opportunity in Port Ludlow. Three existing 2 bedroom/ 2.5 bath condo units built in 1997 & 98, PLUS 1.2 acres with the potential for additional units. Zoned multi-family MPR. Six additional water and sewer taps paid for and included. Two units are month-to-month; one unit lease until 3/2020. Condos are mirror image, the photos are representative of all 3 units. Buyer should do feasibility with county to confirm additional development.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Jefferson County
  • Zip Code: 98365
  • Year Built: 1997
  • School District: Chimacum #49
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • # of Parking Spaces: 10
  • Lot Size: 1.12 acres
  • Area: N. Port Ludlow 1-7
  • Area Number: 489
  • Bathrooms Unit 1: 2.50
  • Bathrooms Unit 2: 2.50
  • Bathrooms Unit 3: 2.50
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 2
  • Bedrooms Unit 3: 2
  • Building Condition: Very Good
  • Energy Source(heat): Electric, Wood
  • Exterior: Wood Products
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family, See Remarks
  • Gross Adjusted Income: $34401
  • Gross Scheduled Income: $34401
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $220
  • Lot Details: Corner Lot, Paved Street, Value In Land
  • Lot Dimensions: irregular
  • Net Operating Income: $18691
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 10
  • Other Expenses: $7466
  • Power Company: Jefferson Pud
  • Rent Unit 1: $925
  • Rent Unit 2: $1300
  • Rent Unit 3: $850
  • Roof: Composition
  • Sewer Company: Olympic Water & Sewer
  • Site Features: Cable TV, Deck, Patio
  • Square Feet Unit 1: 1130
  • Square Feet Unit 2: 1159
  • Square Feet Unit 3: 1159
  • Total Expenses: $15710, $15710
  • Total Monthly Income: $3096
  • Water Company: Olympic Water & Sewer
  • Water Source: Community
  • Water/Sewer/Garbage: 1185
Courtesy of Windermere R.E. Port Townsend
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than LUDLOW BAY REALTY are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-06-16

Terms of Usage Agreement


Kevin Hunter 
Designated Broker/Owner
ABR, GRI, e-PRO, SRES, GREEN


Dean Larson
Broker

Ludlow Bay Realty
Admiralty Property Mgt.

240 Maple Lane
Port Ludlow, WA 98365
Phone: 360-437-0800
Email: kevinhunter@aol.com



Office hours are: 9:00-4:00
Monday-Friday
kevinhunter@aol.com

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