2521 Orleans Street, Bellingham, WA 98226

$405,000
2,051
SqFt

Listing courtesy of Redfin Corp.. Selling Office: John L. Scott, Inc..

Sold Price
$405,000
List Price
$425,000
Status
SOLD
MLS#
1173634
Closing Date
Mar 16, 2018
Days on Market
176
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,051
Area Total SqFt
2051
Annual Tax Ammount
2310
Lot Size (sq ft)
10,019
Sewer
Sewer Connected

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
2017-09-21 00:00:00
Community
Roosevelt
Net Operating Income
$18,544
Gross Adjusted Income
$24,540
Gross Scheduled Income
$24,540
Total Monthly Income
$2,045
Insurance Expenses
$928
Water/Sewer/Garbage Expenses
$2,757
Gross Rent Multiplier
18
Total Expenses
$5,995
Cap Rate
4.12
Total Number of Units
2
Unit Name
2521
Potential Terms
Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Year Built
1910
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, High Speed Internet
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
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
4.12
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