2316 Xenia Street Unit #2316, Bellingham, WA 98229

$825,000
2,473
SqFt

Listing courtesy of Birch Bay Realty Inc..

List Price
$825,000
Status
ACTIVE
MLS#
2228706
Days on Market
9
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,473
Area Total SqFt
2473
Annual Tax Ammount
5896
Lot Size (sq ft)
7,405
Sewer
Sewer Connected

Property Description

Centrally located duplex in Bellingham. Close to Barkley and Whatcom Falls Park. Each unit has 3 bedrooms and 2 bathrooms. Each unit also has a 2 car garage. Well maintained and being sold by the original owner. Current rents below market. Don't miss out on this great investment opportunity.

Additional Information

List Date
2024-04-26 00:32:11
Community
Roosevelt
Net Operating Income
$35,274
Gross Adjusted Income
$44,400
Gross Scheduled Income
$44,400
Total Monthly Income
$3,700
Insurance Expenses
$950
Water/Sewer/Garbage Expenses
$2,280
Gross Rent Multiplier
18.5
Total Expenses
$9,126
Cap Rate
4.3
Total Number of Units
2
Unit Name
2316
Potential Terms
Cash Out, Conventional
Year Built
1999
Roof
Composition
Energy Source
Electric
School District
Bellingham
Elementary School
Roosevelt Elementary
Middle School
Kulshan Mid
High School
Bellingham High
Total Monthly Income
$3,700
Gross Scheduled Income
$44,400
Gross Adjusted Income
$44,400
Tax Year
2024
Insurance Expense
$950
W/S/G Expenses
$2,280
Total Expenses
$9,126
Net Operating Income
$35,274
Gross Rent Multiplier
18.5
Cap Rate
4.3
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