Listed by Windermere Real Estate Whatcom
NOT LISTED FOR SALE
2 Beds
2 Baths
5,376 Sq Ft
0.42 Acres

Last Sold June 23, 2023

Last sale price $1,600,000 $298 Per Sq Ft

5 Days on Market

Highlights

  • 0.42 Acre Lot
  • Territorial View
  • Thermal Windows
  • Fairhaven Middle School Rated A-
  • No HOA
  • Patio

About This Home

As of June 2023

Location, location, location! Highly desirable Fairhaven 6-plex in great condition. All units remodeled less than 3 years ago; floors, windows, kitchens, bathrooms and roof. Included is an additional land area with a 20x32 shop for potential extra income. Common laundry area with possibility for coin-op laundry income. Rents are low, great opportunity for increasing income. Easy access to Downtown Fairhaven, many waterfront parks and all the activities of Fairhaven. Close to WWU Campus, I-5, bus routes, and Interurban Trail system.

Last Agent to Sell the Property

Mike Kingsley

Windermere Real Estate Whatcom License #82048 Listed on: 06/08/2023

Windermere Real Estate Whatcom

Co-Listed By

Jeff Baker

Windermere Real Estate Whatcom License #35238

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2078059

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,140

Year Built

  • Built in 1971

Lot Details

  • 0.42 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Built-Up Roof

Interior Spaces

  • 5,376 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Vinyl Plank
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Lowell Elementary School
  • Fairhaven Mid Middle School
  • Sehome High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • York Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3702012170820000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,140

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1971
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5376
  • Special Features: None
  • Cumulative Days on Market: 358

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Built-Up, Flat
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: See Remarks
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 3180

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bellingham
  • High School: Sehome High
  • Middle Or Junior School: Fairhaven Mid

Lot Info

  • Parcel Number: 3702012170820000
  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18295
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings,Patio,Shop
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14.04
  • LeasedItems: None
  • TotalMonthlyIncome: 8900

Multi Family

  • Gross Scheduled Income: 106800
  • Net Operating Income: 82877
  • Number Of Units Total: 6
  • Insurance Expense: 3190
  • Leasable Area: 5376
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2023
  • Tax Annual Amount: 9140

MLS Schools

  • Elementary School: Lowell Elem

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $1,600,000 +6.7% $298 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $1,500,000 -- $279 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2078059

Northwest Multiple Listing Service (NWMLS)