2443 Undine Street, Bellingham, WA 98229

$523,500
2,258
SqFt

Listing courtesy of Windermere Real Estate Whatcom. Selling Office: Brandon Nelson Partners.

Sold Price
$523,500
List Price
$549,000
Status
SOLD
MLS#
1583072
Closing Date
Jun 19, 2020
Days on Market
56
Style
52 - Duplex
Finished SqFt
2,258
Area Total SqFt
2258
Annual Tax Ammount
3782
Lot Size (sq ft)
4,792
Sewer
Sewer Connected

Property Description

First time on Market since 1995! Great, centrally located duplex in the heart of Bellingham. Public transit nearby. Just a quick ride to Barkley Village or Trader Joes. New roof, completely rebuilt carport with sundeck and always professionally maintained. Lots of parking. Great opportunity.

Additional Information

List Date
2020-04-24 00:00:00
Community
Roosevelt
Net Operating Income
$31,872
Gross Adjusted Income
$39,000
Gross Scheduled Income
$39,000
Total Monthly Income
$3,250
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$2,400
Gross Rent Multiplier
14
Total Expenses
$7,128
Cap Rate
5.8
Total Number of Units
6
Unit Name
2443
Potential Terms
Cash Out, Conventional
Year Built
1995
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet, Rooftop Deck
School District
Bellingham
Total Monthly Income
$3,250
Gross Scheduled Income
$39,000
Gross Adjusted Income
$39,000
Tax Year
2019
Insurance Expense
$1,000
W/S/G Expenses
$2,400
Total Expenses
$7,128
Net Operating Income
$31,872
Gross Rent Multiplier
14
Cap Rate
5.8
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