2130 Texas St, Bellingham, WA 98229

$475,000
2,412
SqFt

Listing courtesy of Windermere Real Estate Whatcom.

List Price
$475,000
Status
PENDING
MLS#
1202230
Price Change
▼ $124,000 1516229789
Days on Market
107
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,412
Lot Size (sq ft)
6,713

Property Description

Great value for this triplex as first time on market. Tenants are long term as one has been there some 15 years and another close to 10 years. Rents are applicable to the length of occupancy of tenants but could have adjustments. Owner is in contracting field and has kept the property in well maintained condition.

Additional Information

List Date
2017-10-03 00:00:00
Community
Alabama Hill
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional, FHA, VA
Year Built
1988
Total Parking
6
Uncovered Parking
6
Exterior
Metal/Vinyl
Roof
Composition
Site Features
Cable TV, Deck, Patio
Lot Details
Alley, Paved Street, Sidewalk
School District
Bellingham
Total Monthly Income
$3,150
Gross Scheduled Income
$37,800
Gross Adjusted Income
$37,800
Annual Taxes
$3,551
Tax Year
2017
Insurance Expense
$1,095
W/S/G Expenses
$1,502
Total Expenses
$6,802
Net Operating Income
$30,998
Gross Rent Multiplier
15
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
804
Unit 1 Rent
$1,200
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
804
Unit 2 Rent
$1,100
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Size
804
Unit 3 Rent
$850

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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