710 Drayton Street, Lynden, WA 98264
- $685,000
- 5,600
- SqFt
Listing courtesy of Windermere Real Estate Whatcom. Selling Office: Windermere Real Estate Whatcom.
- 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
- Area Total SqFt
- 5600
- Annual Tax Ammount
- 4961
- Lot Size (sq ft)
- 12,197
- Sewer
- Sewer Connected
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.
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Additional Information
- List Date
- 2018-03-27 00:00:00
- Community
- Lynden
- Net Operating Income
- $29,479
- Gross Adjusted Income
- $43,550
- Gross Scheduled Income
- $44,400
- Total Monthly Income
- $3,700
- Insurance Expenses
- $1,697
- Water/Sewer/Garbage Expenses
- $3,354
- Gross Rent Multiplier
- 15
- Total Expenses
- $14,071
- Cap Rate
- 4.37
- Vacancy Rate
- 1
- Total Number of Units
- 6
- Unit Name
- 710
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1992
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Gas Available, High Speed Internet, Patio
- Electric Expenses
- 131
- Other Expenses
- 3928
- 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
- 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
- 4.37
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