1639 Humboldt Street, Bellingham, WA 98225
- $679,000
- 4,612
- SqFt
Listing courtesy of Windermere Real Estate Whatcom. Selling Office: Windermere Real Estate Whatcom.
- Sold Price
- $679,000
- List Price
- $679,000
- Status
- SOLD
- MLS#
- 1080543
- Closing Date
- Apr 12, 2017
- Days on Market
- 9
- Style
- 56 - 10+ Units
- Building Condition
- Good
- Finished SqFt
- 4,612
- Area Total SqFt
- 4612
- Annual Tax Ammount
- 5090
- Lot Size (sq ft)
- 6,534
- Sewer
- Sewer Connected
- Offer Review Date
- 2017-03-03
Property Description
Unique opportunity to own an established boarding home in centrally located York neighborhood in operation since the 1940s. Self-contained one bedroom manager's apartment, 12 individually rented rooms, shared kitchen & two shared baths. Monthly income of $5850. Historically, tenants have been working adults w/some tenants in place for ten or more years. Rooms are rented within three days of vacancy over last 19 years of ownership. Property has been pre-inspected & has recent renovations.
/u.realgeeks.media/rbosold/ben_kinney.jpg)
Additional Information
- List Date
- 2017-04-03 00:00:00
- Community
- York
- Net Operating Income
- $47,518
- Gross Adjusted Income
- $47,518
- Gross Scheduled Income
- $70,200
- Total Monthly Income
- $70,200
- Insurance Expenses
- $3,091
- Water/Sewer/Garbage Expenses
- $3,518
- Gross Rent Multiplier
- 10
- Total Expenses
- $22,683
- Cap Rate
- 6.8
- Total Number of Units
- 13
- Unit Name
- 1639
- Potential Terms
- Cash Out
- Year Built
- 1900
- View
- City, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, High Speed Internet
- Electric Expenses
- 3926
- Other Expenses
- 7058
- School District
- Bellingham
- Elementary School
- Lowell Elem
- Middle School
- Fairhaven Mid
- High School
- Sehome High
- Total Monthly Income
- $70,200
- Gross Scheduled Income
- $70,200
- Gross Adjusted Income
- $47,518
- Tax Year
- 2017
- Insurance Expense
- $3,091
- W/S/G Expenses
- $3,518
- Total Expenses
- $22,683
- Net Operating Income
- $47,518
- Gross Rent Multiplier
- 10
- Cap Rate
- 6.8
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .