2215 A Street, Bellingham, WA 98225

$1,005,000
3,081
SqFt

Listing courtesy of Muljat Group. Selling Office: Keller Williams Rlty Bellevue.

Sold Price
$1,005,000
List Price
$1,100,000
Status
SOLD
MLS#
1947716
Closing Date
Jul 27, 2022
Days on Market
24
Style
54 - 4-Plex
Finished SqFt
3,081
Area Total SqFt
3081
Annual Tax Ammount
5056
Internet Provider
Comcast
Lot Size (sq ft)
5,000
Sewer
Sewer Connected

Property Description

Classy Vintage 4 - unit, fully leased and professionally managed. Same owner last 25 years, very well maintained with numerous quality upgrades throughout. Meticulous hands on owner has seen to improvements with longevity and reliability as the goal. Steps to downtown, short walk to Trader Joes, Broadway park and Waterfront. Excellent rental history and overall condition. Good possibility for owner occupancy or College Parent investment. Newer appliances and washer/dryer in each unit.

Additional Information

List Date
2022-07-03 00:00:00
Community
Lettered Streets
Net Operating Income
$51,806
Gross Scheduled Income
$64,500
Total Monthly Income
$64,500
Insurance Expenses
$1,929
Water/Sewer/Garbage Expenses
$2,119
Total Expenses
$12,694
Cap Rate
4.7
Total Number of Units
4
Unit Name
2215
Potential Terms
Cash Out, Conventional
Year Built
1903
View
City, Mountain(s), Territorial
Roof
Composition
Site Features
Cable TV, Deck
Other Expenses
3590
Energy Source
Natural Gas
School District
Bellingham
Elementary School
Parkview Elem
Middle School
Whatcom Mid
High School
Bellingham High
Total Monthly Income
$64,500
Gross Scheduled Income
$64,500
Tax Year
2022
Insurance Expense
$1,929
W/S/G Expenses
$2,119
Total Expenses
$12,694
Net Operating Income
$51,806
Cap Rate
4.7
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