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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 20 out of 187
$495,000 For Sale

712 N Forest St
Bellingham, WA 98225

3 units | Multi Family Home
5101 sq ft - MLS# 1406296 Courtesy of Windermere Real Estate Whatcom
Property Photo
1/25

Description

Well Located Bellingham Tri-Plex for Sale. Bay/City/Mountain view with excellent proximity to Western Washington University. Property consists of a 568 SF, One Bedroom unit; a 521 SF, One Bedroom; and a 323 SF Studio. Alley fed carport, storage structure and laundry room. Separately metered for electricity.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Whatcom County
  • Zip Code: 98225
  • Year Built: 1947
  • School District: Bellingham
  • Sq.Ft.: 1,900 sq ft
  • Units: 3 units
  • # of Parking Spaces: 4
  • Lot Size: 5101 sq ft
  • View: Bay, City, Mountain, Territorial
  • Area: Sehome
  • Amenities: Coin Op Laundry, Storage
  • Approved Number of Bedrooms: 3
  • Area Number: 860
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bedrooms Unit 1: 1
  • Bedrooms Unit 2: 1
  • Bedrooms Unit 3: 1
  • Building Condition: Good
  • Cap Rate - NOI div LP: 2.70
  • Energy Source(heat): Electric, Natural Gas
  • Exterior: Wood, Wood Products
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $22200
  • Gross Rent Multiplier: $22
  • Gross Scheduled Income: $22200
  • Heating Expenses: $1384
  • Heating/Cooling: Forced Air
  • Insurance Expenses: $854
  • Lot Details: Alley, Curbs, Paved Street, Value In Land
  • Lot Dimensions: 50x110
  • Net Operating Income: $13350
  • Number of Carport Spaces: 3
  • Number of Stories in Building: 3
  • Number of Uncovered Spaces: 1
  • Other Expenses: $1038
  • Power Company: Pse
  • Rent Unit 1: $600
  • Rent Unit 2: $500
  • Rent Unit 3: $750
  • Roof: Composition
  • Sewer Company: Public
  • Site Features: Gas Available, Outbuildings, Patio
  • Square Feet Unit 1: 568
  • Square Feet Unit 2: 323
  • Square Feet Unit 3: 521
  • Total Expenses: $8850, $8850
  • Total Monthly Income: $1850
  • Units Below Grade: Yes
  • Water Company: Public
  • Water Source: Public
  • Water/Sewer/Garbage: 1708
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 2019-04-25

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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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