1020 23rd St, Bellingham, WA 98225
- $2,140,000
Listing courtesy of Muljat Group. Selling Office: Muljat Group.
- Sold Price
- $2,140,000
- List Price
- $2,200,000
- Status
- SOLD
- MLS#
- 1164844
- Closing Date
- Mar 15, 2018
- Days on Market
- 253
- Style
- 56 - 10+ Units
- Annual Tax Ammount
- 18870
- Lot Size (sq ft)
- 10,890
- Sewer
- Sewer Connected
Property Description
Great investment property just 2.5 blocks from WWU! 1020 23rd St. was built 2000 & sits on a 0.25 acre lot. Has 10 fresh modern units (5) 4bd, 2 bth & (5) 1 bd,1bth, decks and W&D makes renting these units effortless! Garage spot for renting to maximizing profits! This could be your opportunity to own an amazing investment property steps to WWU or even entertain a possible condo conversion!
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Additional Information
- List Date
- 2017-07-05 00:00:00
- Community
- Happy Valley
- Net Operating Income
- $132,083
- Gross Adjusted Income
- $175,068
- Gross Scheduled Income
- $175,068
- Total Monthly Income
- $14,500
- Water/Sewer/Garbage Expenses
- $6,903
- Gross Rent Multiplier
- 15
- Total Expenses
- $42,985
- Cap Rate
- 4.89
- Total Number of Units
- 10
- Unit Name
- 1020
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2000
- View
- Territorial
- Roof
- Composition, Flat
- Site Features
- Deck, High Speed Internet
- Electric Expenses
- 465
- Other Expenses
- 16747
- School District
- Bellingham
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $14,500
- Gross Scheduled Income
- $175,068
- Gross Adjusted Income
- $175,068
- Tax Year
- 2017
- W/S/G Expenses
- $6,903
- Total Expenses
- $42,985
- Net Operating Income
- $132,083
- Gross Rent Multiplier
- 15
- Cap Rate
- 4.89
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