DON'T MISS A NEW LISTING AGAIN!

Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Rachael Wilson & Associates

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

360-319-2234
Contact Us

Quick Search


view all


Any

Any

No Min.

No Max.
Back to Saved Search
Listing 21 out of 183
Sold for $640,000 Sold

1104 23rd
Bellingham, WA 98225

2 units | Multi Family Home
6098 sq ft lot - MLS# 1421969 Courtesy of Muljat Group
Property Photo

Sold

Sold for $640,000 on May 1, 2019

Description

This South Side townhouse style duplex has been updated with trendy, high end finishes. Duplex offers 2 bedrooms, is conveniently located blocks to WWU and is walking distance to Fairhaven! Vacancy rate is 1% or less! The only vacancy the current owners have is the time it takes to turn the units between tenants. Tenants pay ALL utilities (Water, sewer, garbage & electric). Both units are leased through fall of 2019, so this is a great opportunity to just sit back and enjoy the income!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $650,000
  • County/Area: Whatcom County
  • Zip Code: 98225
  • Year Built: 1975
  • School District: Bellingham
  • Elementary School: Happy Vly Elem
  • Middle School: Kulshan Mid
  • High School: Sehome High
  • Sq.Ft.: 1,848 sq ft
  • Stories: Duplex
  • Units: 2 units
  • # of Parking Spaces: 4
  • Lot Size: 6098 sq ft lot
  • Area: Happy Valley
  • Area Number: 860
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 2
  • Building Condition: Remodeled
  • Cap Rate - NOI div LP: 4.70
  • Energy Source(heat): Electric
  • Exterior: Metal/Vinyl
  • Floor Covering: Laminate Hardwood, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $35046
  • Gross Rent Multiplier: $18
  • Gross Scheduled Income: $35400
  • Heating/Cooling: Forced Air
  • Insurance Expenses: $899
  • Lot Details: Paved Street
  • Net Operating Income: $30741
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 4
  • Other Expenses: $720
  • Power Company: Pse
  • Rent Unit 1: $1400
  • Rent Unit 2: $1550
  • Roof: Composition
  • Selling Agent: Joy Brown
  • Selling Office: Muljat Group
  • Sewer Company: City Of Bellingham
  • Site Features: Cable TV, Deck
  • Square Feet Unit 1: 924
  • Square Feet Unit 2: 924
  • Total Expenses: $4305, $4305
  • Total Monthly Income: $2950
  • Vacancy Rate: 1
  • Water Company: City Of Bellingham
  • Water Source: Public
  • Sold Date: 2019-05-01 00:00:00
  • Sold Price: 640000.00
Courtesy of Muljat Group
©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

Terms of Usage Agreement

Your Agents

Rachael Wilson & Associates

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

About this Website

We’ve worked to create a one stop website for your Real Estate needs.

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu