1020 23rd St

Bellingham, WA 98225
  • $2,296,800
  • STATUS: Active
  • ON SITE: 39 days
  • ID#: 1092365
Price Reduced
UPDATED: 48 min ago
$2,296,800
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2000
County:
Area:

School Ratings & Info

School District:
Listing Courtesy of Muljat Group.

Description

Great investment property just 2.5 blocks from WWU! 1020 23rd St. was built 2000 & sits on a 0.25 acre lot. Has 10 fresh modern units (5) 4bd, 2 bth & (5) 1 bd,1bth, decks and W&D makes renting these units effortless! Garage spot for renting to maximizing profits! This could be your opportunity to own an amazing investment property steps to WWU or even entertain a possible condo conversion!

The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-04-28T09:14:41.05.

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www.home4investment.com/homes/70857404

1020 23rd St Bellingham, WA 98225

  • Price: $2,296,800
  • Status: Active
  • Updated: 48 min ago
  • ID#: 1092365
0
Beds
0
Baths
0
½ Baths
0.25
Acres
2000
Built
Neighborhood:
Happy Valley
County:
Whatcom
Area:
Bellingham
School District:
Bellingham
Property Description
Great investment property just 2.5 blocks from WWU! 1020 23rd St. was built 2000 & sits on a 0.25 acre lot. Has 10 fresh modern units (5) 4bd, 2 bth & (5) 1 bd,1bth, decks and W&D makes renting these units effortless! Garage spot for renting to maximizing profits! This could be your opportunity to own an amazing investment property steps to WWU or even entertain a possible condo conversion!
Exterior Features

Carport Spaces 0 Exterior Metal/Vinyl Foundation Poured Concrete Garage Spaces 2 Lot Details CurbsPaved Street Roof CompositionFlat Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 10 Uncovered Spaces 6 View Territorial

Interior Features

Heating And Cooling BaseboardWall Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 0 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 0 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 0 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 0 Unit4 Washer Dryer Y Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 0 Unit5 Washer Dryer Y Unit6 Bathrooms 2.00 Unit6 Bedrooms 4 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 0 Unit6 Washer Dryer Y Units Below Grade N

Property Features

Amenities Fire SprinklersSee Remarks Bank Owned No Cap Rate 5.50 Electrical Expenses 408 Energy Source Electric EPSEnergy 0 Form17 Provided Gross Adjusted Income 0 Gross Rent Multiplier 0 Gross Scheduled Income 175070 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 0 Leased Items None Net Operating Income 125281 New Construction YN No Other Expenses 0 Possession ClosingSub. Tenant's Rights Power Company Pse Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Sanitary Services Site Features DeckHigh Speed Internet Tax Amount 18870 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 49788 Total Expenses TEX 49788 Total Monthly Income 14500 Unit1 Monthly Rent 800 Unit2 Monthly Rent 800 Unit3 Monthly Rent 800 Unit4 Monthly Rent 800 Unit5 Monthly Rent 800 Unit6 Monthly Rent 2100 Vacancy Rate 0 Water Company City Of Bellingham Water Sewer Garbage 7640 Water Source Public

Listing information © 2017 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-04-28T09:14:41.05.

Click here for Digital Millennium Copyright Act
Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of Muljat Group.