1802 1804 TEXAS ST, Bellingham, WA 98229

$404,995
2,593
SqFt

Listing courtesy of Skyline Properties, Inc.. Selling Office: Hoppis Real Estate LLC.

Sold Price
$404,995
List Price
$404,995
Status
SOLD
MLS#
1204393
Closing Date
Mar 23, 2018
Days on Market
124
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,593
Area Total SqFt
2593
Annual Tax Ammount
3603
Lot Size (sq ft)
6,593
Sewer
Sewer Connected

Property Description

Very well maintained Duplex. Each side has Two Bedrooms and 1.5 Bathrooms. Rents are too low. The buyer may live on one side and rent the other side for extra income.

Additional Information

List Date
2017-11-19 00:00:00
Community
Roosevelt
Net Operating Income
$20,662
Gross Adjusted Income
$20,662
Gross Scheduled Income
$26,400
Total Monthly Income
$2,400
Insurance Expenses
$635
Water/Sewer/Garbage Expenses
$1,500
Gross Rent Multiplier
16
Total Expenses
$5,738
Cap Rate
5.1
Total Number of Units
2
Unit Name
1802 1804
Potential Terms
Cash Out, Conventional
Year Built
2004
Roof
Composition
School District
Bellingham
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,400
Gross Scheduled Income
$26,400
Gross Adjusted Income
$20,662
Tax Year
2017
Insurance Expense
$635
W/S/G Expenses
$1,500
Total Expenses
$5,738
Net Operating Income
$20,662
Gross Rent Multiplier
16
Cap Rate
5.1
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