2422 E Street, Bellingham, WA 98225
- $480,000
- 1,996
- SqFt
Listing courtesy of Windermere Real Estate Whatcom. Selling Office: Hammer Properties NW Inc..
- Sold Price
- $480,000
- List Price
- $499,000
- Status
- SOLD
- MLS#
- 1219969
- Closing Date
- Feb 13, 2018
- Days on Market
- 31
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,996
- Area Total SqFt
- 1996
- Annual Tax Ammount
- 3307
- Lot Size (sq ft)
- 4,792
- Sewer
- Sewer Connected
Property Description
Character duplex located in desirable Lettered Streets! Great investment opportunity or live in one and rent the other. 3 bed 1 bath on each level, ample off street parking & separate unit entrances. Fully updated/retrofit in 1990, new membrane roof and exterior/interior paint and flooring summer 2017. Collecting approx $2,700/mo with tenant paid utilities and garbage. Opportunity to increase revenue with allowing use of existing storage shed by tenants. Within walking distance to all amenities.
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Additional Information
- List Date
- 2018-01-13 00:00:00
- Community
- Lettered Streets
- Net Operating Income
- $24,952
- Gross Adjusted Income
- $32,376
- Gross Scheduled Income
- $32,376
- Total Monthly Income
- $2,698
- Insurance Expenses
- $1,000
- Gross Rent Multiplier
- 15
- Total Expenses
- $7,424
- Cap Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 2422
- Potential Terms
- Cash Out, Conventional, Farm Home Loan, FHA, Private Financing Available, VA Loan, USDA Loan
- Year Built
- 1904
- Roof
- Flat, See Remarks
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Outbuildings
- Other Expenses
- 3117
- School District
- Bellingham
- Total Monthly Income
- $2,698
- Gross Scheduled Income
- $32,376
- Gross Adjusted Income
- $32,376
- Tax Year
- 2017
- Insurance Expense
- $1,000
- Total Expenses
- $7,424
- Net Operating Income
- $24,952
- Gross Rent Multiplier
- 15
- Cap Rate
- 5
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