712 N Forest Street, Bellingham, WA 98225

$465,000
1,900
SqFt

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

Sold Price
$465,000
List Price
$475,000
Status
SOLD
MLS#
1406296
Closing Date
Jul 31, 2019
Days on Market
119
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
1,900
Area Total SqFt
1900
Annual Tax Ammount
3866
Lot Size (sq ft)
5,102
Sewer
Sewer Connected

Property Description

Well Located Bellingham Tri-Plex for Sale. Bay/City/Mountain view with excellent proximity to Western Washington University. Property consists of a 568 SF, One Bedroom unit; a 521 SF, One Bedroom; and a 323 SF Studio. Alley fed carport, storage structure and laundry room. Separately metered for electricity.

Additional Information

List Date
2019-04-03 00:00:00
Community
Sehome
Net Operating Income
$13,350
Gross Adjusted Income
$22,200
Gross Scheduled Income
$22,200
Total Monthly Income
$1,850
Insurance Expenses
$854
Water/Sewer/Garbage Expenses
$1,708
Gross Rent Multiplier
22
Total Expenses
$8,850
Cap Rate
2.7
Total Number of Units
3
Unit Name
712
Potential Terms
Cash Out, Conventional
Year Built
1947
View
Bay, City, Mountain(s), Territorial
Roof
Composition
Site Features
Gas Available, Outbuildings, Patio
Other Expenses
1038
School District
Bellingham
Total Monthly Income
$1,850
Gross Scheduled Income
$22,200
Gross Adjusted Income
$22,200
Tax Year
2018
Insurance Expense
$854
W/S/G Expenses
$1,708
Total Expenses
$8,850
Net Operating Income
$13,350
Gross Rent Multiplier
22
Cap Rate
2.7
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