710 Drayton St, Lynden, WA 98264

$685,000
5,600
SqFt

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

Sold Price
$685,000
List Price
$675,000
Status
SOLD
MLS#
1239715
Closing Date
Mar 30, 2018
Days on Market
3
Style
54 - 4-Plex
Building Condition
['Very Good']
Finished SqFt
5,600
Lot Size (sq ft)
12,197

Property Description

Rare find for an investor~1992 Lynden 4 plex in quiet location. Well maintained townhouse style units each feature 3 BR, 1.5 BA & 1400 square feet. Carports house 4 cars plus 6 uncovered parking spaces. Stable long term renters, out of town owner has not kept up with current rental rate pricing. Market dictates higher rent.

Additional Information

List Date
2018-02-07 00:00:00
Community
Lynden
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1992
Total Parking
10
Uncovered Parking
6
View
Territorial
Exterior
Metal/Vinyl
Roof
Composition
Site Features
['Cable TV', 'Gas Available', 'High Speed Internet', 'Patio']
Lot Details
Paved Street, Secluded
School District
Lynden
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,700
Gross Scheduled Income
$44,400
Vacancy Rate
1
Gross Adjusted Income
$43,550
Annual Taxes
$4,961
Tax Year
2017
Insurance Expense
$1,697
W/S/G Expenses
$3,354
Total Expenses
$14,071
Net Operating Income
$29,479
Gross Rent Multiplier
15
Cap Rate
4

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.50
Unit 1 Size
1400
Unit 1 Rent
$900
Unit 2 Beds
3
Unit 2 Baths
1.50
Unit 2 Size
1400
Unit 2 Rent
$950
Unit 3 Beds
3
Unit 3 Baths
1.50
Unit 3 Size
1400
Unit 3 Rent
$975
Unit 4 Beds
3
Unit 4 Baths
1.50
Unit 4 Size
1400
Unit 4 Rent
$875

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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