3104 Orleans St, Bellingham, WA 98226

$417,000
1,650
SqFt

Listing courtesy of Sterling Real Estate Group. Selling Office: .

Sold Price
$417,000
List Price
$437,000
Status
SOLD
MLS#
1200918
Closing Date
Jan 30, 2018
Days on Market
69
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
1,650
Lot Size (sq ft)
8,276

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

Additional Information

List Date
2017-09-29 00:00:00
Community
Roosevelt
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional
Year Built
1922
Total Parking
5
Uncovered Parking
3
View
Territorial
Exterior
Cement Planked
Roof
Composition
Site Features
['Cable TV', 'Deck', 'Fenced-Fully', 'Gas Available', 'High Speed Internet']
Lot Details
Curbs, Paved Street, Sidewalk
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
Annual Taxes
$3,088
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

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.50
Unit 1 Size
1141
Unit 1 Rent
$1,150
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
576
Unit 2 Rent
$750
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