2521 Orleans St, Bellingham, WA 98226

$405,000
2,051
SqFt

Listing courtesy of Redfin Corp.. Selling Office: .

Sold Price
$405,000
List Price
$425,000
Status
SOLD
MLS#
1173634
Closing Date
Mar 16, 2018
Days on Market
178
Style
52 - Duplex
Building Condition
['Very Good']
Finished SqFt
2,051
Lot Size (sq ft)
10,019

Property Description

Excellent investment opportunity in the heart of Bellingham! Property includes main home (1910 Craftsman) with 4 beds/1.75 baths plus separate studio with kitchen and 3/4 bath. Large yard with huge deck. Parking for 2 cars in the driveway plus parking for 4 plus cars in the alley. Fresh exterior paint and all major work has been done including new roof and sewer line.

Additional Information

List Date
2017-08-04 00:00:00
Community
Roosevelt
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional, FHA, VA
Year Built
1910
Total Parking
6
Uncovered Parking
6
View
Territorial
Exterior
Wood
Roof
Composition
Site Features
['Deck', 'Fenced-Partially', 'High Speed Internet']
Lot Details
Alley, Paved Street
School District
Bellingham
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,045
Gross Scheduled Income
$24,540
Gross Adjusted Income
$24,540
Annual Taxes
$2,310
Tax Year
2017
Insurance Expense
$928
W/S/G Expenses
$2,757
Total Expenses
$5,995
Net Operating Income
$18,544
Gross Rent Multiplier
18
Cap Rate
4

Room Dimensions

Unit 1 Beds
4
Unit 1 Baths
1.75
Unit 1 Size
1709
Unit 1 Rent
$1,400
Unit 2 Size
342
Unit 2 Rent
$645

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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