Listed by Muljat Group, Bought with Muljat Group
NOT LISTED FOR SALE
-- Bed
-- Bath
4,960 Sq Ft
0.25 Acres

Last Sold November 30, 2020

Last sale price $1,550,000 $312 Per Sq Ft

4 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Wall to Wall Carpet
  • Fairhaven Middle School Rated A-
  • Wood Siding

About This Home

As of November 2020

Awesome opportunity to own an apartment blocks to WWU and minutes to Fairhaven, downtown, trails and shopping. This Southside Bellingham 6 Plex is tucked away on a corner lot in a PRIME location and offers spacious 825+/- 2 bedroom units with incredible rental history & low vacancy rates. All units leased until August 31, 2021.

Last Agent to Sell the Property

Kena Greer Brashear

Muljat Group License #26557 Listed on: 09/24/2020

Muljat Group

Last Buyer's Agent

Barb Davison

Muljat Group License #18387

Muljat Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1668308

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,035

Year Built

  • Built in 1979

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,960 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Happy Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3702015582220000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,035

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4960
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 340

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Bellingham
  • WaterCompany: City of Bellingham
  • WaterSewerGarbage: 4455

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3702015582220000
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 8445

Multi Family

  • Gross Scheduled Income: 101340
  • Net Operating Income: 74857
  • Number Of Units Total: 6
  • Electric Expense: 311
  • Insurance Expense: 1270
  • Leasable Area: 4950
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 8035

Range of Values:

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List Price
Sold Price
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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
11/30/2020 11/30/20 Sold $1,550,000 +3.7% $313 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $1,495,000 -- $301 / 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: 1668308

Northwest Multiple Listing Service (NWMLS)