1901 H Street, Bellingham, WA 98225

$515,000
2,104
SqFt

Listing courtesy of Keller Williams Western Realty. Selling Office: Bellwether Real Estate.

Sold Price
$515,000
List Price
$515,000
Status
SOLD
MLS#
1521442
Closing Date
Dec 18, 2019
Days on Market
6
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,104
Area Total SqFt
2104
Annual Tax Ammount
3679
Lot Size (sq ft)
3,049
Sewer
Sewer Connected

Property Description

Own This Classic Duplex in Desirable Lettered Streets Neighborhood.Well maintained,and with recent remodeling,each of the units has its own laundry rm and lots of desirable characteristics.The lower unit is a 1BR,1BA w fresh kitchen,pass-thru/eating bar,generous living rm. Upper unit has 3BR,1.5BA & includes a 400SF loft/attic living area w loads of character.There's a fab view deck and peek-a-boos of the bay. The building is on a corner lot across from Fouts Park.Cap rate is 6%,annual leases.

Additional Information

List Date
2019-12-12 00:00:00
Community
Lettered Streets
Net Operating Income
$31,983
Gross Adjusted Income
$38,412
Gross Scheduled Income
$39,600
Total Monthly Income
$3,300
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$1,750
Gross Rent Multiplier
13
Total Expenses
$6,429
Cap Rate
6
Vacancy Rate
3
Total Number of Units
6
Unit Name
1901
Potential Terms
Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Year Built
1890
View
Mountain(s), Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio
School District
Bellingham
Elementary School
Parkview Elem
Middle School
Whatcom Mid
High School
Bellingham High
Total Monthly Income
$3,300
Gross Scheduled Income
$39,600
Vacancy Rate
3
Gross Adjusted Income
$38,412
Tax Year
2019
Insurance Expense
$1,000
W/S/G Expenses
$1,750
Total Expenses
$6,429
Net Operating Income
$31,983
Gross Rent Multiplier
13
Cap Rate
6
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