1333 Lincoln Street, Bellingham, WA 98229
- $425,000
Listing courtesy of RE/MAX Whatcom County, Inc.. Selling Office: Globenex Realty.
- Sold Price
- $425,000
- List Price
- $445,000
- Status
- SOLD
- MLS#
- 1438566
- Closing Date
- May 24, 2019
- Days on Market
- 19
- Annual Tax Ammount
- 3091
Property Description
4 unit Commercial Building close to Fred Meyer & Whole Foods - just north of Lakeway Drive. Excellent 1-5 Access. 3 Level Commercial building. Lower Level is 2 units leased as a package to the Tailor. 1/2 of Main floor is leased to a Hair Dresser, the other 1/2 of the main floor plus the entire top floor is leased to a Medical tenant. Possible assumption of existing private owner financing, rough balance of $345,000 at 6.2% interest per year with Principal & Interest payments of $2115 per month.
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Additional Information
- Community
- York
- Style
- 60 - Comm Bldg Und 10K
- Year Built
- 1986
- # of Assigned Spaces
- 8
- Tax Year
- 2018
- Potential Terms
- Assumable, Cash Out, Conventional
- Interior Features
- Ceramic Tile, Wall to Wall Carpet
- Flooring
- Ceramic Tile, Vinyl, Carpet
- Driving Directions
- Just South of Lakeway Drive on Lincoln Street
- Net Operating Income
- $28,972
- Gross Adjusted Income
- $28,972
- Gross Scheduled Income
- $32,460
- Water/Sewer/Garbage Expenses
- $1,380
- Cap Rate
- 6.5
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