NOT LISTED FOR SALE
-- Bed
-- Bath
9,090 Sq Ft
0.27 Acres

Last Sold December 28, 2015

Last sale price $1,650,000 $182 Per Sq Ft

134 Days on Market

Highlights

  • Wood Flooring
  • Partially Fenced Property
  • Wood Siding
  • Fairhaven Middle School Rated A-

About This Home

As of December 2015

Excellent investment property for stable and steady income flow as a fully-occupied student housing complex near the ever-growing Western Washington University (WWU) in Bellingham with easy accesses to I-5 and other aemnities. It consists of a recently renovated duplex with 4BR/2BA each; plus a three-story apartment with seven 1BR/1BA and two 4BR/2BA units managed by professional management company.

Last Listed By

Kim Kwon

John L. Scott Bellingham License #83965 Listed on: 06/12/2015

John L. Scott Bellingham

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 803499

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,011

Year Built

  • Built in 1998

Lot Details

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

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 9,090 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • 16 Parking Spaces
  • Open Parking

Community Details

  • Bellingham Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3702014442490000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,011

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1998
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 9090
  • Special Features: None
  • Cumulative Days on Market: 376

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 16
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 16

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: city
  • WaterCompany: city
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Bellingham

Lot Info

  • Parcel Number: 3702014442490000
  • Lot Size Acres: 0.2681
  • Lot Size Sq Ft: 11679
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: county
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 12300

Multi Family

  • Gross Scheduled Income: 145800
  • Net Operating Income: 102876
  • Number Of Units Total: 11
  • Leasable Area: 9090
  • UnitsInBuildingTotal: 9
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2015
  • Tax Annual Amount: 13011

Range of Values:

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Average Value
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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
12/28/2015 12/28/15 Sold $1,650,000 -2.9% $182 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $1,700,000 -- $187 / 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: 803499

Northwest Multiple Listing Service (NWMLS)