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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 5 out of 9
$1,550,000 Contingent

1303 Dupont
Bellingham, WA 98225

7 units | Multi Family Home
4835 sq ft lot - MLS# 1445159 Courtesy of Windermere Real Estate Whatcom
Property Photo
1/25

Description

Just a little over a year old, this professionally managed, 7 unit apartment building is fully leased, with zero vacancy and enjoys a brand new 8 year real estate tax abatement via the fountain district urban village plan. This turn-key property is just a few blocks from Elizabeth Park and a quick trip to downtown or the waterfront.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • New Construction: Y
  • Listing Status: Contingent
  • County/Area: Whatcom County
  • Zip Code: 98225
  • Year Built: 2019
  • School District: Bellingham
  • Sq.Ft.: 3,848 sq ft
  • Units: 7 units
  • # of Parking Spaces: 8
  • Lot Size: 4835 sq ft lot
  • View: City
  • Area: Bellingham
  • Amenities: Fire Sprinklers, Thermal Windows
  • Area Number: 860
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bathrooms Unit 6: 1.00
  • Bedrooms Unit 4: 1
  • Bedrooms Unit 5: 1
  • Bedrooms Unit 6: 2
  • Building Condition: Very Good
  • Cap Rate - NOI div LP: 5.00
  • Electrical Expenses: $71
  • Energy Source(heat): Electric
  • Exterior: Cement Planked, Metal/Vinyl
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • General Zoning Class: See Remarks
  • Gross Adjusted Income: $92698
  • Gross Rent Multiplier: $16
  • Gross Scheduled Income: $94272
  • Heating Expenses: $1
  • Heating/Cooling: Insert
  • Insurance Expenses: $1171
  • Lot Details: Corner Lot, Paved Street, Sidewalk
  • Lot Dimensions: 100x50
  • Net Operating Income: $78548
  • New Construction Details: Completed
  • Number of Carport Spaces: 4
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 4
  • Other Expenses: $7249
  • Power Company: Pse
  • Rent Unit 1: $915
  • Rent Unit 2: $925
  • Rent Unit 3: $925
  • Rent Unit 4: $1120
  • Rent Unit 5: $1100
  • Rent Unit 6: $1520
  • Roof: Torch Down
  • Sewer Company: Cob
  • Site Features: Cable TV, Deck, High Speed Internet
  • Square Feet Unit 1: 414
  • Square Feet Unit 2: 410
  • Square Feet Unit 3: 409
  • Square Feet Unit 4: 462
  • Square Feet Unit 5: 462
  • Square Feet Unit 6: 761
  • Total Expenses: $15724, $15724
  • Total Monthly Income: $94272
  • Water Company: Cob
  • Water Source: Public
  • Water/Sewer/Garbage: 4061
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 is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than RE/MAX Whatcom County, Inc. are marked with the three trees 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 2019-06-17

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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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