1000 Jersey Street Unit #A & B, Bellingham, WA 98225
- $729,115
Listing courtesy of Hammer Properties NW Inc.. Selling Office: Lake & Company.
- Sold Price
- $729,115
- List Price
- $759,900
- Status
- SOLD
- MLS#
- 1640210
- Closing Date
- Nov 10, 2020
- Days on Market
- 40
- Style
- 52 - Duplex
- Building Condition
- Good
- Annual Tax Ammount
- 4703
- Lot Size (sq ft)
- 4,581
- Sewer
- Sewer Connected
Property Description
Attention Investors: Don't miss this CASH cow with a 6.5% cap rate! The Victorian-style duplex is on a corner lot near WWU & Downtown & the City confirmed it's grandfathered-in. Unit A: 3 bedroom/1 bath on upper 2 levels w/deck and territorial views. Unit B: 4 bedrooms/2.5 bath on main floor of house and detached building. Large yard with garden space, parking on-site and 4 parking permits available + 4 guest passes. Tenants pay gas & electric and flat fee for W/S/G.
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Additional Information
- List Date
- 2020-10-01 00:00:00
- Community
- Sehome
- Net Operating Income
- $49,417
- Gross Adjusted Income
- $63,320
- Gross Scheduled Income
- $63,960
- Total Monthly Income
- $5,330
- Insurance Expenses
- $2,000
- Water/Sewer/Garbage Expenses
- $2,234
- Gross Rent Multiplier
- 12
- Total Expenses
- $13,903
- Cap Rate
- 6.5
- Vacancy Rate
- 1
- Total Number of Units
- 6
- Unit Name
- 1000
- Potential Terms
- Conventional
- Year Built
- 1910
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Gas Available, Outbuildings, Rooftop Deck
- Other Expenses
- 4966
- School District
- Bellingham
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,330
- Gross Scheduled Income
- $63,960
- Vacancy Rate
- 1
- Gross Adjusted Income
- $63,320
- Tax Year
- 2020
- Insurance Expense
- $2,000
- W/S/G Expenses
- $2,234
- Total Expenses
- $13,903
- Net Operating Income
- $49,417
- Gross Rent Multiplier
- 12
- Cap Rate
- 6.5
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