2414 J Street, Bellingham, WA 98225
- $390,000
- 1,944
- SqFt
Listing courtesy of Peace Arch Real Estate. Selling Office: Peace Arch Real Estate.
- Sold Price
- $390,000
- List Price
- $450,000
- Status
- SOLD
- MLS#
- 1260028
- Closing Date
- Jun 21, 2018
- Days on Market
- 31
- Style
- 52 - Duplex
- Finished SqFt
- 1,944
- Area Total SqFt
- 1944
- Annual Tax Ammount
- 3131
- Lot Size (sq ft)
- 7,405
- Sewer
- Sewer Connected
Property Description
Investment opportunity! Great location and cash flow in this consistently rented duplex two blocks away from Broadway Park. Close proximity to parks, schools, hospital, and downtown. Downstairs unit is 1,127 sq ft with 2 bd/1 ba, including a clawfoot bathtub and skylight. Upstairs unit is 817 sq ft with 1 bd/1 ba. Both have separate entrances and kitchens. 2 car detached garage and outbuilding. Fenced front/back yard. Rent has been kept low for amazing tenants. Month to month leases.
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Additional Information
- List Date
- 2018-05-21 00:00:00
- Community
- Lettered Streets
- Net Operating Income
- $16,593
- Gross Adjusted Income
- $20,400
- Gross Scheduled Income
- $20,400
- Total Monthly Income
- $1,700
- Insurance Expenses
- $676
- Gross Rent Multiplier
- 22
- Total Expenses
- $3,807
- Cap Rate
- 3.68
- Total Number of Units
- 2
- Unit Name
- 2414
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1900
- Roof
- Composition
- Site Features
- Fenced-Fully, Outbuildings
- School District
- Bellingham
- Elementary School
- Parkview Elem
- Middle School
- Whatcom Mid
- High School
- Bellingham High
- Total Monthly Income
- $1,700
- Gross Scheduled Income
- $20,400
- Gross Adjusted Income
- $20,400
- Tax Year
- 2017
- Insurance Expense
- $676
- Total Expenses
- $3,807
- Net Operating Income
- $16,593
- Gross Rent Multiplier
- 22
- Cap Rate
- 3.68
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