2821 2823 Queen Street, Bellingham, WA 98226
- $815,000
- 2,710
- SqFt
Listing courtesy of Windermere Real Estate Whatcom.
- List Price
- $815,000
- Status
- ACTIVE
- MLS#
- 2218380
- Days on Market
- 39
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,710
- Area Total SqFt
- 2710
- Annual Tax Ammount
- 5301
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 6,970
- Sewer
- Sewer Connected
Property Description
This duplex is a great investment opportunity! Each unit has 3 large bedrooms and 1.75 baths, with attached individual garages on a dead-end street in the Barkley neighborhood closely located to the trail system. The lower unit is vacant and has single-level living, and if owner occupied, this can be purchased with just 3.5% down!!! The lower unit had water pipes freeze and has all new flooring, sheetrock, trim, paint, boiler, and hot water tanks. The upper unit (occupied) was the original house and then was raised to add the lower unit below years ago. The upper unit has tenants and a one-year lease ending 9-30-24. Please do not disturb the tenants in 2823, and just view 2821. A tour of the upper unit can be scheduled with proper notice.
/u.realgeeks.media/rbosold/ben_kinney.jpg)
Additional Information
- List Date
- 2024-04-04 01:35:09
- Community
- Barkley
- Net Operating Income
- $8,387
- Gross Adjusted Income
- $49,200
- Gross Scheduled Income
- $49,200
- Total Monthly Income
- $4,100
- Insurance Expenses
- $1,286
- Water/Sewer/Garbage Expenses
- $1,800
- Gross Rent Multiplier
- 16.57
- Total Expenses
- $8,387
- Cap Rate
- 6
- Total Number of Units
- 2
- Unit Name
- 2821 2823
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1968
- View
- Territorial
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, High Speed Internet, Rooftop Deck
- Energy Source
- Electric
- School District
- Bellingham
- Elementary School
- Sunnyland Elem
- Middle School
- Whatcom Mid
- High School
- Squalicum High
- Total Monthly Income
- $4,100
- Gross Scheduled Income
- $49,200
- Gross Adjusted Income
- $49,200
- Tax Year
- 2023
- Insurance Expense
- $1,286
- W/S/G Expenses
- $1,800
- Total Expenses
- $8,387
- Net Operating Income
- $8,387
- Gross Rent Multiplier
- 16.57
- Cap Rate
- 6
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .