2423 H Street, Bellingham, WA 98225
- $700,000
- 3,102
- SqFt
Listing courtesy of Windermere Real Estate Whatcom. Selling Office: Windermere Real Estate Whatcom.
- Sold Price
- $700,000
- List Price
- $835,000
- Status
- SOLD
- MLS#
- 1765130
- Closing Date
- Jan 07, 2022
- Days on Market
- 122
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 3,102
- Area Total SqFt
- 3102
- Annual Tax Ammount
- 5031
- Lot Size (sq ft)
- 5,000
- Sewer
- Sewer Connected
Property Description
Historic 5-Plex Craftsman centrally located within the Lettered Streets and walking distance to 4 nearby popular parks. Spacious units and always occupied with great rents ($5,020/Month). Each unit is unique in character with tons of natural light cascading in thru tall windows. Brand new exterior paint plus hardwood flooring, classic original trim package & high ceilings. Heart warming wrap around covered front and back porches with south-facing sunlight and ample off street parking. Newer gas hot water tanks & newer coin operated laundry machines (in on-site laundry room). Units have separate gas & electric meters. Most units also have front and back doors.
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Additional Information
- List Date
- 2021-09-07 00:00:00
- Community
- Lettered Streets
- Net Operating Income
- $48,508
- Gross Adjusted Income
- $6,140
- Gross Scheduled Income
- $61,440
- Total Monthly Income
- $5,120
- Insurance Expenses
- $2,517
- Water/Sewer/Garbage Expenses
- $3,009
- Gross Rent Multiplier
- 13
- Total Expenses
- $12,932
- Cap Rate
- 6
- Total Number of Units
- 5
- Unit Name
- 2423
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1900
- Roof
- Composition
- Site Features
- Cable TV, Deck, Gas Available
- Electric Expenses
- 201
- Other Expenses
- 1400
- Energy Source
- Electric, Natural Gas
- School District
- Bellingham
- Total Monthly Income
- $5,120
- Gross Scheduled Income
- $61,440
- Gross Adjusted Income
- $6,140
- Tax Year
- 2021
- Insurance Expense
- $2,517
- W/S/G Expenses
- $3,009
- Total Expenses
- $12,932
- Net Operating Income
- $48,508
- Gross Rent Multiplier
- 13
- Cap Rate
- 6
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