2325 / 2327 Elm Street, Bellingham, WA 98225

$750,000
2,000
SqFt

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

Sold Price
$750,000
List Price
$725,000
Status
SOLD
MLS#
1566964
Closing Date
Jun 01, 2020
Days on Market
35
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,000
Area Total SqFt
2000
Annual Tax Ammount
696
Lot Size (sq ft)
4,356
Sewer
Sewer Connected

Property Description

Custom PNW inspired & designed 2 year old duplex in highly sought out historical Columbia neighborhood. Everything has been meticulously built & cared for from granite counters to custom reclaimed fir trim & beams. Open concept kitchens w/ high end appliances. On demand high efficient water heater, gas fireplace & low cost utilities. Room for ADU or garage in back parking lot for 3-4 cars. Centrally located & walking distance to everything in Bellingham including Elizabeth Park.

Additional Information

List Date
2020-04-27 00:00:00
Community
Columbia
Net Operating Income
$38,120
Gross Adjusted Income
$43,200
Gross Scheduled Income
$43,200
Insurance Expenses
$600
Water/Sewer/Garbage Expenses
$1,864
Gross Rent Multiplier
16
Total Expenses
$5,080
Cap Rate
5.2
Total Number of Units
2
Unit Name
2325 / 2327
Potential Terms
Cash Out, Conventional
Year Built
2018
View
Territorial
Roof
Composition
Site Features
Deck, Gas Available, Patio
Electric Expenses
1200
School District
Bellingham
Gross Scheduled Income
$43,200
Gross Adjusted Income
$43,200
Tax Year
2019
Insurance Expense
$600
W/S/G Expenses
$1,864
Total Expenses
$5,080
Net Operating Income
$38,120
Gross Rent Multiplier
16
Cap Rate
5.2
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