517 Main Place Unit #A & B, Lynden, WA 98264

$435,000
3,038
SqFt

Listing courtesy of John L. Scott, Inc.. Selling Office: Coldwell Banker Bain.

Sold Price
$435,000
List Price
$450,000
Status
SOLD
MLS#
1082359
Closing Date
Apr 14, 2017
Days on Market
4
Style
52 - Duplex
Building Condition
Good
Finished SqFt
3,038
Area Total SqFt
3038
Annual Tax Ammount
3615
Lot Size (sq ft)
24,402
Sewer
Available

Property Description

Duplex with two large units. Upstairs is 3 bdroom and 1620 sq. ft. Downstairs is 2 bdroom and 1418 sq. ft. Very private at the end of a cul de sac. Each unit has large two car garage. Both units have very long term tenants. Great area. Next to schools and close to downtown. Great investment.

Additional Information

List Date
2017-04-10 00:00:00
Community
Lynden
Net Operating Income
$19,029
Gross Adjusted Income
$24,948
Gross Scheduled Income
$25,200
Total Monthly Income
$2,100
Insurance Expenses
$1,128
Water/Sewer/Garbage Expenses
$1,176
Gross Rent Multiplier
18
Total Expenses
$5,919
Cap Rate
4.2
Vacancy Rate
1
Total Number of Units
2
Unit Name
517
Potential Terms
Cash Out, Conventional
Year Built
1995
Roof
Composition
Site Features
Cable TV, Deck, Gas Available, High Speed Internet, Patio
School District
Lynden
Total Monthly Income
$2,100
Gross Scheduled Income
$25,200
Vacancy Rate
1
Gross Adjusted Income
$24,948
Tax Year
2016
Insurance Expense
$1,128
W/S/G Expenses
$1,176
Total Expenses
$5,919
Net Operating Income
$19,029
Gross Rent Multiplier
18
Cap Rate
4.2
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