3104 Orleans Street, Bellingham, WA 98226
- $417,000
- 1,650
- SqFt
Listing courtesy of Sterling Real Estate Group. Selling Office: Keller Williams Western Realty.
- Sold Price
- $417,000
- List Price
- $437,000
- Status
- SOLD
- MLS#
- 1200918
- Closing Date
- Jan 30, 2018
- Days on Market
- 98
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,650
- Area Total SqFt
- 1650
- Annual Tax Ammount
- 3088
- Lot Size (sq ft)
- 8,276
- Sewer
- Sewer Connected
Property Description
This Multi-family investment includes 2 residences/buildings: 3102 Orleans - HOUSE - 2 Beds, 1.5 Baths, 1,141 SF. Remodeled in 2009 w/ new siding, windows, roof, etc. Partial basement, w/d in sunny laundry room, & partially fenced. 3104 Orleans - APARTMENT above 2 car garage - 1 Bed, 1 Bath, 600 SF. Built 1998. Vaulted ceiling, w/d, extra parking. Both units are currently rented substantially under market value & rented month-to-month. Great location close to Lowes/Sunset/Barkley Village
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Additional Information
- List Date
- 2017-10-24 00:00:00
- Community
- Roosevelt
- Net Operating Income
- $17,556
- Gross Adjusted Income
- $22,800
- Gross Scheduled Income
- $22,800
- Total Monthly Income
- $1,900
- Insurance Expenses
- $685
- Water/Sewer/Garbage Expenses
- $1,428
- Gross Rent Multiplier
- 18
- Total Expenses
- $5,244
- Cap Rate
- 4
- Total Number of Units
- 6
- Unit Name
- 3104
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1922
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet
- Electric Expenses
- 150
- Other Expenses
- 494
- School District
- Bellingham
- Elementary School
- Sunnyland Elem
- Middle School
- Shuksan Mid
- High School
- Squalicum High
- Total Monthly Income
- $1,900
- Gross Scheduled Income
- $22,800
- Gross Adjusted Income
- $22,800
- Tax Year
- 2017
- Insurance Expense
- $685
- W/S/G Expenses
- $1,428
- Total Expenses
- $5,244
- Net Operating Income
- $17,556
- Gross Rent Multiplier
- 18
- Cap Rate
- 4
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