2203 B Street, Bellingham, WA 98225
- $511,875
- 3,902
- SqFt
Listing courtesy of Muljat Group. Selling Office: Keller Williams Western Realty.
- Sold Price
- $511,875
- List Price
- $533,000
- Status
- SOLD
- MLS#
- 1303612
- Closing Date
- Sep 12, 2018
- Days on Market
- 31
- Style
- 54 - 4-Plex
- Building Condition
- Fair
- Finished SqFt
- 3,902
- Area Total SqFt
- 3902
- Annual Tax Ammount
- 5204
- Lot Size (sq ft)
- 10,019
- Sewer
- Sewer Connected
Property Description
Classic fourplex in Bellingham's historic Lettered Streets neighborhood. Popular location is within easy walking and biking distance to parks, schools, and all downtown amenities. All units are approx 975 sq ft with 1 bedroom and 1 bath, living room, and large dining rooms with charming built-in sideboards and bay windows. Covered porches and balconies on front and back of building. Back yard area could be turned into off-street parking. Great upside potential for someone looking for a project.
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Additional Information
- List Date
- 2018-08-12 00:00:00
- Community
- Lettered Streets
- Net Operating Income
- $26,836
- Gross Adjusted Income
- $36,000
- Gross Scheduled Income
- $36,000
- Insurance Expenses
- $2,348
- Water/Sewer/Garbage Expenses
- $1,612
- Gross Rent Multiplier
- 15
- Total Expenses
- $9,164
- Cap Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 2203
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1915
- Roof
- Composition, Flat, Torch Down
- Site Features
- Cable TV, Deck
- School District
- Bellingham
- Elementary School
- Parkview Elem
- Middle School
- Whatcom Mid
- High School
- Bellingham High
- Gross Scheduled Income
- $36,000
- Gross Adjusted Income
- $36,000
- Tax Year
- 2018
- Insurance Expense
- $2,348
- W/S/G Expenses
- $1,612
- Total Expenses
- $9,164
- Net Operating Income
- $26,836
- Gross Rent Multiplier
- 15
- Cap Rate
- 5
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