1031 N State Street Unit #102, Bellingham, WA 98225

$125,500

Listing courtesy of Bellwether Real Estate. Selling Office: Bellwether Real Estate.

Sold Price
$125,500
List Price
$129,000
Status
SOLD
MLS#
1073284
Closing Date
Nov 30, 2017
Days on Market
242
Annual Tax Ammount
1062

Property Description

Exciting opportunity to own a downtown commercial condo! Quality building built in 2006. Lower level is commercial units and upper level is residential. Currently rented month-to-month and tenants will vacate on sale. Great owner Occupy unit or lease out as an investment property Proforma (7.2% cap) professionally managed well run association. This is a great opportunity to own a quality commercial office space with street front access, own and use or Lease for cash flow.

Additional Information

Community
Downtown
Style
60 - Comm Bldg Und 10K
Year Built
2006
Roof
Flat
Tax Year
2016
HOA Dues
$126
Potential Terms
Cash Out, Conventional
Interior Features
Wall to Wall Carpet
Flooring
Carpet
Driving Directions
I-5 to Lakeway exit, take Lakeway to Holly, left on N State, south to the 1000 block. Condo is on the right side of the street.
Other Expenses
1516
Net Operating Income
$10,122
Gross Scheduled Income
$13,200
Total Expenses
$3,078
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