Bought with WestCom Properties Inc.
$1,175,000
$1,250,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
10,018 Sqft Lot
SOLD DATE : 12/30/2021
Key Details
Sold Price $1,175,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Roosevelt
MLS Listing ID 1854855
Sold Date 12/30/21
Style 54 - 4-Plex
Year Built 2002
Annual Tax Amount $8,743
Lot Size 10,018 Sqft
Lot Dimensions 10019
Property Description
Great value and opportunity for a handyman or contractor! Pro-forma rents at $1,650 for 4-plex with 5.62% cap rate. Properties are two parcels, on one parcel, is a house that is not in rentable condition. Upside in fixing up the house or tear it down and add multiple units.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Interior Features Forced Air, Wall to Wall Carpet, Laminate
Flooring Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Utilities Available Sewer Connected, Electric, Natural Gas Connected
Waterfront No
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Community
New Construction No
Schools
Elementary Schools Rooseveltelem
Middle Schools Kulshan Mid
High Schools Bellingham High
School District Bellingham
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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