2126 Harris Avenue, Bellingham, WA 98225
- $800,000
- 2,592
- SqFt
Listing courtesy of Weichert Realtors Vanson Assoc. Selling Office: COMPASS.
- Sold Price
- $800,000
- List Price
- $840,000
- Status
- SOLD
- MLS#
- 1605008
- Closing Date
- Aug 14, 2020
- Days on Market
- 41
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,592
- Area Total SqFt
- 2592
- Annual Tax Ammount
- 5592
- Lot Size (sq ft)
- 7,405
- Sewer
- Sewer Connected
Property Description
Exceptional investment opportunity! With a solid rental history, this well cared for duplex is within walking distance to WWU. It boasts a 5.5% CAP rate with a historical vacancy rate of less-than-1%. Being close to many restaurants and local shops, tenants can take advantage of the local trails for hiking and biking. Each unit is a 4 bedroom 2 bath, fully applianced, and attached garages. DO NOT miss out on this spot in a very popular South campus neighborhood! Adjoining duplex also for sale.
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Additional Information
- List Date
- 2020-07-04 00:00:00
- Community
- Happy Valley
- Net Operating Income
- $46,233
- Gross Adjusted Income
- $65,578
- Gross Scheduled Income
- $66,240
- Total Monthly Income
- $5,520
- Insurance Expenses
- $761
- Water/Sewer/Garbage Expenses
- $3,190
- Gross Rent Multiplier
- 13
- Total Expenses
- $19,345
- Cap Rate
- 5.5
- Vacancy Rate
- 1
- Total Number of Units
- 2
- Unit Name
- 2126
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1998
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Gas Available, High Speed Internet
- Electric Expenses
- 57
- Other Expenses
- 9745
- School District
- Bellingham
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Sehome High
- Total Monthly Income
- $5,520
- Gross Scheduled Income
- $66,240
- Vacancy Rate
- 1
- Gross Adjusted Income
- $65,578
- Tax Year
- 2019
- Insurance Expense
- $761
- W/S/G Expenses
- $3,190
- Total Expenses
- $19,345
- Net Operating Income
- $46,233
- Gross Rent Multiplier
- 13
- Cap Rate
- 5.5
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