1215 N Garden Street, Bellingham, WA 98225

$581,500
1,620
SqFt

Listing courtesy of Fairhaven Realty br of Lakeway. Selling Office: Coldwell Banker Bain.

Sold Price
$581,500
List Price
$577,000
Status
SOLD
MLS#
1614955
Closing Date
Nov 03, 2020
Days on Market
100
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,620
Area Total SqFt
1620
Annual Tax Ammount
4111
Lot Size (sq ft)
3,485
Sewer
Sewer Connected

Property Description

Colorful, charming Victorian duplex in fantastic location close to downtown. Lovely sunsets, partial bay view. Popular & well-maintained 3 Bdrm units, always rented. Updated decks, ext. paint, roof, vinyl windows. Lower unit w/huge sunny kitchen, luxury core vinyl, original cabs & woodwork, oak HD flr, gas radiant heat. Upper unit w/gas FP, fir flr & clawfoot tub. W/D & storage in basement. 3 park spaces + 1 car garage. 1 yr leases in place thru July/Aug 2021 for $3240/GSI/mo, $38,880/yr.

Additional Information

List Date
2020-07-26 00:00:00
Community
Sehome
Net Operating Income
$30,157
Gross Adjusted Income
$38,880
Gross Scheduled Income
$38,880
Total Monthly Income
$3,000
Insurance Expenses
$865
Water/Sewer/Garbage Expenses
$1,545
Gross Rent Multiplier
15
Total Expenses
$8,723
Cap Rate
5
Total Number of Units
2
Unit Name
1215
Potential Terms
Cash Out, Conventional
Year Built
1895
View
Bay, City, Partial
Roof
Composition, Flat
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet
Other Expenses
2202
School District
Bellingham
Elementary School
Lowell Elem
Middle School
Fairhaven Mid
High School
Sehome High
Total Monthly Income
$3,000
Gross Scheduled Income
$38,880
Gross Adjusted Income
$38,880
Tax Year
2020
Insurance Expense
$865
W/S/G Expenses
$1,545
Total Expenses
$8,723
Net Operating Income
$30,157
Gross Rent Multiplier
15
Cap Rate
5
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