2850 W Maplewood Avenue, Bellingham, WA 98225

$785,050
4,546
SqFt

Listing courtesy of Keller Williams Western Realty. Selling Office: Keller Williams Western Realty.

Sold Price
$785,050
List Price
$799,000
Status
SOLD
MLS#
1332830
Closing Date
Aug 31, 2018
Days on Market
20
Style
54 - 4-Plex
Finished SqFt
4,546
Area Total SqFt
4546
Annual Tax Ammount
5691
Lot Size (sq ft)
9,583
Sewer
Sewer Connected

Property Description

Calling all investors! Great investment opportunity in Birchwood neighborhood. Each unit has 2 Beds, 2 baths, and own garage. All units are a 2 story townhouse layout with a unique style. Don't miss out on this prime Bellingham rental property!

Additional Information

List Date
2018-08-11 00:00:00
Community
Birchwood
Net Operating Income
$44,500
Gross Adjusted Income
$50
Gross Scheduled Income
$52,560
Total Monthly Income
$4,370
Insurance Expenses
$2,199
Water/Sewer/Garbage Expenses
$1,920
Gross Rent Multiplier
15
Total Expenses
$10,714
Cap Rate
5.5
Total Number of Units
4
Unit Name
2850
Potential Terms
Cash Out, Conventional
Year Built
1999
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet
Other Expenses
904
School District
Bellingham
Total Monthly Income
$4,370
Gross Scheduled Income
$52,560
Gross Adjusted Income
$50
Tax Year
2017
Insurance Expense
$2,199
W/S/G Expenses
$1,920
Total Expenses
$10,714
Net Operating Income
$44,500
Gross Rent Multiplier
15
Cap Rate
5.5
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