Seller's Agent in 2025
Jacson Bevens
Windermere RE Whatcom, Inc.
(360) 223-6263
4 in this area
124 Total Sales
Estimated Value: $988,000 - $1,150,198
Rare 6+% cap rate on this well-maintained 4-plex in a cute Lynden neighborhood! Featuring a 3-bed house + triplex on a single corner lot, this unique opportunity combines a strong financial profile with a great location. Generating over $91k GSI + $69k NOI, this property offers robust cash flow on top of future appreciation. Triplex units are all 2-bed/2-bath + have been remodeled/updated in the last year. All units have own laundry + 1-car garage. Triplex updates include flooring, paint, appliances, and counters. Financials reflect current professional management of 7% w/ self-managed potential for a 6.7% cap rate! Presents a tremendous 1031 option as well!
Last Agent to Sell the Property
Windermere RE Whatcom, Inc. License #127233 Listed on: 01/16/2025
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2322702
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,125,000 | Chicago Title | ||
| -- | None Listed On Document | ||
| -- | None Available | ||
| -- | None Available | ||
| $239,000 | Chicago Title Insurance |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,100,000 | ||
| Previous Owner | $290,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $1,125,000 | -2.2% | $300 / Sq Ft |
| 01/26/2025 01/26/25 | Pending | -- | -- | -- |
| 01/16/2025 01/16/25 | For Sale | $1,150,000 | -- | $307 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,148 | $869,534 | $300,108 | $569,426 |
| 2024 | $5,738 | $811,861 | $266,750 | $545,111 |
| 2023 | $5,738 | $799,145 | $275,000 | $524,145 |
| 2022 | $5,932 | $779,137 | $234,663 | $544,474 |
| 2021 | $5,818 | $643,907 | $193,934 | $449,973 |
| 2020 | $5,096 | $574,932 | $173,160 | $401,772 |
| 2019 | $4,533 | $527,282 | $158,990 | $368,292 |
| 2018 | $4,955 | $480,880 | $144,833 | $336,047 |
| 2017 | $4,637 | $431,631 | $130,000 | $301,631 |
| 2016 | $4,377 | $429,634 | $132,000 | $297,634 |
| 2015 | $3,879 | $403,363 | $126,960 | $276,403 |
| 2014 | -- | $389,696 | $122,640 | $267,056 |
| 2013 | -- | $387,056 | $120,000 | $267,056 |
Seller's Agent in 2025
Jacson Bevens
Windermere RE Whatcom, Inc.
(360) 223-6263
4 in this area
124 Total Sales
Buyer's Agent in 2025
Simon Karavai
Windermere Corporate
(206) 565-6007
2 in this area
89 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2322702
APN: 400320-504526-0000
Ask me questions while you tour the home.