2126 / 2128 Michigan Street, Bellingham, WA 98229
- $635,000
- 2,442
- SqFt
Listing courtesy of Bellwether Real Estate. Selling Office: Keller Williams Tacoma.
- Sold Price
- $635,000
- List Price
- $650,000
- Status
- SOLD
- MLS#
- 1845280
- Closing Date
- Dec 14, 2021
- Days on Market
- 33
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,442
- Area Total SqFt
- 2442
- Annual Tax Ammount
- 4738
- Lot Size (sq ft)
- 8,276
- Sewer
- Sewer Connected
Property Description
Calling all Investors OR Buyers looking to offset mortgage costs with rental income! This well-thought-out floor plan features 2 large bedrooms (one upstairs and one downstairs for added privacy) on each side of this GREAT duplex. Both of the units include a large garage, and a fully fenced private yard for entertaining, play-dates, or your special furry friend. An easy jaunt to trails, parks and Lake Whatcom. The proximity to downtown shopping and restaurants makes this the ideal Bellingham location! The current owner has consistently rented to great long-term tenants with almost zero vacancy. If you are looking for a duplex in city limits, come and take a look soon!
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Additional Information
- List Date
- 2021-11-11 00:00:00
- Community
- Roosevelt
- Net Operating Income
- $22,900
- Gross Adjusted Income
- $22,900
- Gross Scheduled Income
- $25,500
- Total Monthly Income
- $2,125
- Insurance Expenses
- $1,100
- Water/Sewer/Garbage Expenses
- $1,500
- Gross Rent Multiplier
- 26
- Total Expenses
- $7,338
- Cap Rate
- 3.39
- Total Number of Units
- 2
- Unit Name
- 2126 / 2128
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1990
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet
- Energy Source
- Natural Gas
- School District
- Bellingham
- Total Monthly Income
- $2,125
- Gross Scheduled Income
- $25,500
- Gross Adjusted Income
- $22,900
- Tax Year
- 2021
- Insurance Expense
- $1,100
- W/S/G Expenses
- $1,500
- Total Expenses
- $7,338
- Net Operating Income
- $22,900
- Gross Rent Multiplier
- 26
- Cap Rate
- 3.39
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