1509 Moore Street, Bellingham, WA 98229

$780,000
3,496
SqFt

Listing courtesy of Keller Williams Western Realty. Selling Office: Coldwell Banker Bain.

Sold Price
$780,000
List Price
$799,000
Status
SOLD
MLS#
1245613
Closing Date
May 31, 2018
Days on Market
56
Style
54 - 4-Plex
Finished SqFt
3,496
Area Total SqFt
3496
Annual Tax Ammount
4284
Lot Size (sq ft)
8,276
Sewer
Sewer Connected

Property Description

Freshly updated 4 plex in desirable location. Each unit is 2 beds 1.5 baths with W/D. Updates include new roof in December 2017, new water heaters, paint, fixtures and flooring in all units. New appliances in unit 1 and 3. Walking distance to bus line, shopping, restaurants and easy access to I-5.

Additional Information

List Date
2018-04-05 00:00:00
Community
Puget
Net Operating Income
$52,908
Gross Adjusted Income
$62,400
Gross Scheduled Income
$62,400
Total Monthly Income
$5,200
Insurance Expenses
$1,536
Water/Sewer/Garbage Expenses
$3,672
Gross Rent Multiplier
12
Total Expenses
$9,492
Cap Rate
6.6
Vacancy Rate
5
Total Number of Units
4
Unit Name
1509
Potential Terms
Cash Out, Conventional
Year Built
1980
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Gas Available, High Speed Internet
School District
Bellingham
Total Monthly Income
$5,200
Gross Scheduled Income
$62,400
Vacancy Rate
5
Gross Adjusted Income
$62,400
Tax Year
2018
Insurance Expense
$1,536
W/S/G Expenses
$3,672
Total Expenses
$9,492
Net Operating Income
$52,908
Gross Rent Multiplier
12
Cap Rate
6.6
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