806 N Garden, Bellingham, WA 98225

$975,000

Listing courtesy of Saratoga Commercial R.E..

List Price
$975,000
Status
ACTIVE
MLS#
1512241
Days on Market
47
Style
53 - Tri-plex
Lot Size (sq ft)
6,970

Property Description

Excellent income property near WWU. Always rented! Triplex with one large 6 bed, 2 bath unit with newer kitchen, fir cabinets, and fir floors throughout. The other two units are 1 bed, 1 bath. Well maintained property with bay views. New Roof, new exterior paint, & improved parking area. Shared Coin-op Laundry Room. Residential-Multi Zoning.

Additional Information

List Date
2019-09-05 00:00:00
Community
Downtown
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1904
Total Parking
5
Uncovered Parking
5
View
Bay, Territorial
Exterior
Cement Planked, Wood
Roof
Composition
School District
Bellingham
Total Monthly Income
$6,475
Gross Scheduled Income
$77,700
Gross Adjusted Income
$73,340
Annual Taxes
$5,772
Tax Year
2019
Insurance Expense
$1,500
W/S/G Expenses
$1,200
Total Expenses
$14,148
Net Operating Income
$63,552
Gross Rent Multiplier
13
Cap Rate
6

Room Dimensions

Unit 1 Beds
6
Unit 1 Baths
2.00
Unit 1 Rent
$4,250
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Rent
$1,000
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Rent
$925
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