1627 Humboldt Street, Bellingham, WA 98225

$340,000
1,311
SqFt

Listing courtesy of Windermere Real Estate Whatcom. Selling Office: Windermere Real Estate Whatcom.

Sold Price
$340,000
List Price
$335,000
Status
SOLD
MLS#
1225036
Closing Date
Feb 28, 2018
Days on Market
5
Style
52 - Duplex
Finished SqFt
1,311
Area Total SqFt
1311
Annual Tax Ammount
2656
Lot Size (sq ft)
4,356
Sewer
Sewer Connected

Property Description

Updated Victorian style duplex in Historic York neighborhood. Zero vacancy factors with this property having separate entries & private off-street parking for tenants. Newer roof plus complete recent remodel of the upper unit (including windows, cabinets, appliances, etc.). The units are under rented at owners decision & lots of room to adjust this at renewals if desired. The upper rental will leave at the end of March if purchaser wants. Otherwise, the lease ends in the fall. Neat place to own

Additional Information

List Date
2018-02-23 00:00:00
Community
York
Net Operating Income
$14,531
Gross Adjusted Income
$19,200
Gross Scheduled Income
$19,200
Total Monthly Income
$1,650
Insurance Expenses
$765
Water/Sewer/Garbage Expenses
$1,248
Gross Rent Multiplier
17
Total Expenses
$4,669
Cap Rate
4.4
Total Number of Units
2
Unit Name
1627
Potential Terms
Cash Out, Conventional
Year Built
1900
Roof
Composition
Site Features
Cable TV, Deck, Gas Available, Outbuildings
School District
Bellingham
Total Monthly Income
$1,650
Gross Scheduled Income
$19,200
Gross Adjusted Income
$19,200
Tax Year
2017
Insurance Expense
$765
W/S/G Expenses
$1,248
Total Expenses
$4,669
Net Operating Income
$14,531
Gross Rent Multiplier
17
Cap Rate
4.4
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