2007 2009 Donovan Avenue, Bellingham, WA 98225

$380,000
1,800
SqFt

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

Sold Price
$380,000
List Price
$350,000
Status
SOLD
MLS#
1316340
Closing Date
Jul 06, 2018
Days on Market
5
Style
52 - Duplex
Finished SqFt
1,800
Area Total SqFt
1800
Annual Tax Ammount
3419
Lot Size (sq ft)
6,098
Sewer
Sewer Connected
Offer Review Date
2018-06-27

Property Description

Excellent investment with great location! Townhouse style duplex in Happy Valley neighborhood. Close to Fairhaven and Western. Each unit is 900sq feet, 2 bed/1.5 bath with W/D. Off-street parking can accommodate up to 4 cars. Unit 2009 leased up until 8/23/19. Unit 2007 vacant-May be owner occupied! Shed in back for additional storage.

Additional Information

List Date
2018-07-01 00:00:00
Community
Happy Valley
Net Operating Income
$18,464
Gross Adjusted Income
$25,500
Gross Scheduled Income
$25,500
Total Monthly Income
$2,125
Insurance Expenses
$616
Water/Sewer/Garbage Expenses
$1,156
Gross Rent Multiplier
14
Total Expenses
$7,036
Cap Rate
5.3
Total Number of Units
6
Unit Name
2007 2009
Potential Terms
Cash Out, Conventional
Year Built
1976
Roof
Composition, See Remarks
Site Features
Outbuildings
Other Expenses
1845
School District
Bellingham
Elementary School
Lowell Elem
Middle School
Fairhaven Mid
High School
Sehome High
Total Monthly Income
$2,125
Gross Scheduled Income
$25,500
Gross Adjusted Income
$25,500
Tax Year
2018
Insurance Expense
$616
W/S/G Expenses
$1,156
Total Expenses
$7,036
Net Operating Income
$18,464
Gross Rent Multiplier
14
Cap Rate
5.3
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