1703 Texas Street, Bellingham, WA 98229

$795,000
2,344
SqFt

Listing courtesy of Pair-a-Dime Inc. Selling Office: Brandon Nelson Partners.

Sold Price
$795,000
List Price
$795,000
Status
SOLD
MLS#
1956587
Closing Date
Jul 31, 2022
Days on Market
6
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,344
Area Total SqFt
2344
Annual Tax Ammount
4380
Internet Provider
Comcast
Lot Size (sq ft)
4,792
Sewer
Sewer Connected
Offer Review Date
2022-06-27

Property Description

Rare pride of ownership/owner occupied Duplex shows up in this well loved multi-family. 3beds/2baths per side, owner-occupied duplex, surrounded by other owner occupied residences. Vaulted ceilings, great condition with newer flooring, appliances, water heaters, and paint. Easy-care vinyl siding, fully fenced oasis with organic soil garden beds and garden shed. Centrally located; minutes to walking trails, Trader Joe's and Barkley shopping. Perfectly clean and ready for your personal touches. A perfect opportunity for co-ownership!

Additional Information

List Date
2022-07-25 00:00:00
Community
Alabama Hill
Net Operating Income
$42,620
Gross Adjusted Income
$42,620
Gross Scheduled Income
$48,000
Total Monthly Income
$48,000
Insurance Expenses
$800
Water/Sewer/Garbage Expenses
$200
Gross Rent Multiplier
16.5
Total Expenses
$5,380
Cap Rate
5.3
Total Number of Units
2
Unit Name
1703
Potential Terms
Cash Out, Conventional
Year Built
1998
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Patio
Energy Source
Electric, Natural Gas
School District
Bellingham
Total Monthly Income
$48,000
Gross Scheduled Income
$48,000
Gross Adjusted Income
$42,620
Tax Year
2022
Insurance Expense
$800
W/S/G Expenses
$200
Total Expenses
$5,380
Net Operating Income
$42,620
Gross Rent Multiplier
16.5
Cap Rate
5.3
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