2018 Bender Park Blvd, Lynden, WA 98264

$607,000

Listing courtesy of Muljat Group. Selling Office: Muljat Group.

Sold Price
$607,000
List Price
$649,900
Status
SOLD
MLS#
1661316
Closing Date
Oct 30, 2020
Days on Market
32
Style
52 - Duplex
Building Condition
Good
Annual Tax Ammount
3888
Lot Size (sq ft)
20,909
Sewer
Sewer Connected

Property Description

Quality built, flat floored Lynden duplex in a desirable neighborhood! Great investment property with both units leased to long term tenants. Each side is a 2 bdrm/2 bath with attached 2 car garages. Open kitchen, dining and living areas with plenty of storage throughout. Private backyard with a greenbelt behind. Convenient location near Lynden Manor, Bender Park, Schools, Shopping and Lynden Walking Trail.

Additional Information

List Date
2020-09-28 00:00:00
Community
Lynden
Net Operating Income
$27,324
Gross Adjusted Income
$36,000
Gross Scheduled Income
$36,000
Total Monthly Income
$3,000
Insurance Expenses
$1,020
Water/Sewer/Garbage Expenses
$2,568
Gross Rent Multiplier
18
Total Expenses
$8,676
Cap Rate
4
Total Number of Units
2
Unit Name
2018
Potential Terms
Cash Out, Conventional
Year Built
2004
Roof
Composition
Site Features
Cable TV, Gas Available, High Speed Internet, Patio
Other Expenses
1200
School District
Lynden
Elementary School
Buyer To Verify
Middle School
Lynden Mid
High School
Lynden High
Total Monthly Income
$3,000
Gross Scheduled Income
$36,000
Gross Adjusted Income
$36,000
Tax Year
2020
Insurance Expense
$1,020
W/S/G Expenses
$2,568
Total Expenses
$8,676
Net Operating Income
$27,324
Gross Rent Multiplier
18
Cap Rate
4
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