521 Main Place, Lynden, WA 98264
- $635,000
- 3,084
- SqFt
Listing courtesy of RE/MAX Whatcom County, Inc.. Selling Office: Windermere Real Estate Whatcom.
- Sold Price
- $635,000
- List Price
- $625,000
- Status
- SOLD
- MLS#
- 1662945
- Closing Date
- Nov 20, 2020
- Days on Market
- 7
- Style
- 52 - Duplex
- Building Condition
- Restored
- Finished SqFt
- 3,084
- Area Total SqFt
- 3084
- Annual Tax Ammount
- 4260
- Lot Size (sq ft)
- 21,780
- Sewer
- Sewer Connected
- Offer Review Date
- 2020-09-23
Property Description
Fully renovated duplex in Lynden is a perfect investment property w/ solid rental history or owner occupy one unit while gaining income from the other! New roof, electrical, drywall, paint (exterior & interior), flooring, cabinetry & appliances (including washer/dryer combo) in both units. Large walk-in closets. Each unit includes two car garage. Upper unit has large deck w/ access from primary bedroom & lower unit has a covered patio. 12 minute walk to downtown Lynden shopping & restaurants.
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Additional Information
- List Date
- 2020-11-13 00:00:00
- Community
- Lynden
- Net Operating Income
- $38,514
- Gross Adjusted Income
- $43,776
- Gross Scheduled Income
- $45,600
- Total Monthly Income
- $3,800
- Insurance Expenses
- $1,002
- Gross Rent Multiplier
- 14
- Total Expenses
- $5,262
- Cap Rate
- 6
- Vacancy Rate
- 4
- Total Number of Units
- 2
- Unit Name
- 521
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1996
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, High Speed Internet, Patio
- School District
- Lynden
- Elementary School
- Buyer To Verify
- Middle School
- Lynden Mid
- High School
- Lynden High
- Total Monthly Income
- $3,800
- Gross Scheduled Income
- $45,600
- Vacancy Rate
- 4
- Gross Adjusted Income
- $43,776
- Tax Year
- 2020
- Insurance Expense
- $1,002
- Total Expenses
- $5,262
- Net Operating Income
- $38,514
- Gross Rent Multiplier
- 14
- Cap Rate
- 6
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