3244 -3248 Partridge Lane, Bellingham, WA 98225

$960,500

Listing courtesy of Windermere Real Estate Whatcom. Selling Office: Coldwell Banker Bain.

Sold Price
$960,500
List Price
$950,000
Status
SOLD
MLS#
1427993
Closing Date
Sep 06, 2019
Days on Market
131
Style
55 - 5-9 Units
Building Condition
Good
Annual Tax Ammount
7675
Lot Size (sq ft)
15,246
Sewer
Sewer Connected

Property Description

Clean 5-plex property includes a 4-plex building and a separate 5 bedroom house. All in great condition as lots of remodeling has been done. Professionally managed and several long term tenants plus the units have been well maintained. Each 4-plex unit has an attached garage and the large house has a conversion but can easily be changed back to a 4 bedroom plus the garage. Two 2 bedroom & Two 3 bedrooms in the 4-plex all having individual patios. Great central location yet private setting

Additional Information

List Date
2019-04-28 00:00:00
Community
Birchwood
Net Operating Income
$53,153
Gross Scheduled Income
$88,800
Total Monthly Income
$7,400
Insurance Expenses
$1,700
Water/Sewer/Garbage Expenses
$5,522
Total Expenses
$35,647
Cap Rate
5.6
Total Number of Units
5
Unit Name
3244 -3248
Potential Terms
Cash Out, Conventional
Year Built
1994
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio, Sprinkler System
Other Expenses
20750
School District
Bellingham
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$7,400
Gross Scheduled Income
$88,800
Tax Year
2019
Insurance Expense
$1,700
W/S/G Expenses
$5,522
Total Expenses
$35,647
Net Operating Income
$53,153
Cap Rate
5.6
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