811 Liberty Street, Bellingham, WA 98225

$623,000
1,632
SqFt

Listing courtesy of Coldwell Banker Bain. Selling Office: John L Scott Bellingham.

Sold Price
$623,000
List Price
$649,000
Status
SOLD
MLS#
1693068
Closing Date
Mar 05, 2021
Days on Market
70
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
1,632
Area Total SqFt
1632
Annual Tax Ammount
4258
Lot Size (sq ft)
6,970
Sewer
Sewer Connected

Property Description

Why is it so hard to find a super clean, privately located, "real duplex" in the downtown Bellingham core? , Today it isn't, if you choose to stop by and tour this Sehome Hill property! It is directly adjacent to the Sehome Arboretum and it's connector trails to WWU, or the many miles of the City of Bellingham's trail system. Also, just a short walk away is the farmers market, and the downtown shops, restaurants, and waterfront. With numerous upgrades, this property is ready to start producing income for it's next owner, or to be used as a combined compound, maybe that will be you!

Additional Information

List Date
2020-12-25 00:00:00
Community
Sehome
Net Operating Income
$25,032
Gross Adjusted Income
$33,600
Gross Scheduled Income
$33,600
Total Monthly Income
$2,800
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$2,400
Gross Rent Multiplier
19
Total Expenses
$8,578
Cap Rate
0.04
Total Number of Units
2
Unit Name
811
Potential Terms
Cash Out, Conventional
Year Built
1977
View
Mountain(s)
Roof
Composition
Site Features
Cable TV, High Speed Internet
Other Expenses
720
School District
Bellingham
Elementary School
Happy Vly Elem
Middle School
Fairhaven Mid
High School
Sehome High
Total Monthly Income
$2,800
Gross Scheduled Income
$33,600
Gross Adjusted Income
$33,600
Tax Year
2020
Insurance Expense
$1,000
W/S/G Expenses
$2,400
Total Expenses
$8,578
Net Operating Income
$25,032
Gross Rent Multiplier
19
Cap Rate
0.04
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