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Rachael Wilson & Associates

Rachael Wilson & Associates
RE/MAX Whatcom County, Inc.
Bellingham, WA 98229

360-319-2234
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Listing 8 out of 9
$985,000 For Sale

8226 Birch Bay Dr
Birch Bay, WA 98230

5 units | Multi Family Home
1.2 acres - MLS# 1291928 Courtesy of Windermere Real Estate Whatcom
Property Photo
1/25

Description

Own your own resort on the beach in Birch Bay on the water. Featuring Main waterfront view home & 4 rental cottages (approx 400 SF per unit. Sleeps 3 to 5). Panoramic water views. Private beach with deeded tidelands. Cottages are currently rented full time. Charming setting, Main House estimate: $2000 to $2200 per month (Lease), or $1850 to $2200 weekly (Vacation). Cottages:Currently renting at $850 per month-per cottage (Lease), or $3200 to $3400 per month-per cottage(Vacation nightly/weekly).

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Whatcom County
  • Zip Code: 98230
  • Year Built: 1952
  • School District: Blaine
  • Elementary School: Blaine Elem
  • Middle School: Blaine Mid
  • High School: Blaine High
  • Units: 5 units
  • # of Parking Spaces: 12
  • Lot Size: 1.2 acres
  • View: Bay, Mountain, Sound
  • Waterfront: Bank-Low, Bay, Saltwater
  • Area: Birch Bay
  • Amenities: Storage
  • Approved Number of Bedrooms: 7
  • Area Number: 880
  • Bathrooms Unit 1: 2.50
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bedrooms Unit 1: 3
  • Bedrooms Unit 2: 1
  • Bedrooms Unit 3: 1
  • Bedrooms Unit 4: 1
  • Bedrooms Unit 5: 1
  • Building Condition: Good
  • Cap Rate - NOI div LP: 5.00
  • Electrical Expenses: $2967
  • Energy Source(heat): Electric, Propane
  • Floor Covering: Hardwood, Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $61560
  • Gross Rent Multiplier: $16
  • Gross Scheduled Income: $64800
  • Heating Expenses: $247
  • Heating/Cooling: Central A/C, Forced Air
  • Insurance Expenses: $1492
  • Lot Details: Paved Street
  • Lot Dimensions: 72-199-18-60-195
  • Net Operating Income: $48884
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 12
  • Other Expenses: $7861
  • Power Company: Pse
  • Rent Unit 1: $2000
  • Rent Unit 2: $850
  • Rent Unit 3: $850
  • Rent Unit 4: $850
  • Rent Unit 5: $850
  • Roof: Flat
  • Sewer Company: Birch Bay
  • Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Propane, RV Parking
  • Square Feet Unit 1: 2107
  • Square Feet Unit 2: 400
  • Square Feet Unit 3: 400
  • Square Feet Unit 4: 400
  • Square Feet Unit 5: 400
  • Total Expenses: $12676, $12676
  • Total Monthly Income: $5400
  • Vacancy Rate: 95
  • Water Company: Birch Bay
  • Water Source: Public
  • Water/Sewer/Garbage: 1601
Courtesy of Windermere Real Estate Whatcom
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than RE/MAX Whatcom County, Inc. are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-03-21

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Rachael Wilson & Associates

Rachael Wilson & Associates 
RE/MAX Whatcom County, Inc. 
913 Lakeway Drive
Bellingham, WA 98229
360-319-2234

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