806 N Garden St

Bellingham, WA 98225

Status

ACTIVE

MLS#

1198711

List Price

$970,000

Days on Market

24

Style

53 - Tri-plex

Building Condition

Average

Finished SqFt

3,512

Lot Size (sq ft)

6,969

Property Description

INVESTOR ALERT: Excellent WWU Investment Property! Triplex with 1 large 6 Bedroom, 2 Bath Unit with new kitchen, Fir cabinets and Fir floors throughout. Bay views & window seats give this home old charm & character. Also 2 - 1 Bedroom, 1 Bath Units - Always Rented!!! Parking in rear for 5 cars. Shared Coin-op Laundry Room. Open Showings on Friday, Sept 29th 12 PM - 2 PM & Saturday Sept 30th 12 PM - 2 PM

Property Details

List Date

2017-09-27 00:00:00

Community

Downtown

Property Type

MULT

Units

3

Stories

2

Additional Information

Potential Terms

Cash Out, Conventional

Year Built

1904

Total Parking

5

Uncovered Parking

5

View

Bay, Territorial

Exterior

Cement Planked, Wood

Roof

Composition

Site Features

Cable TV

Lot Details

Alley, Curbs, Paved Street, Sidewalk

School District

Bellingham

Elementary School

Buyer To Verify

Middle School

Buyer To Verify

High School

Buyer To Verify

Financial Information

Total Monthly Income

$5,905

Gross Scheduled Income

$70,860

Gross Adjusted Income

$70,860

Annual Taxes

$5,064

Tax Year

2017

Total Expenses

$16,000

Net Operating Income

$54,860

Gross Rent Multiplier

14

Cap Rate

5

Approximate Room Dimensions

Unit 1 Beds

6

Unit 1 Baths

2.00

Unit 1 Rent

$3,785

Unit 2 Beds

1

Unit 2 Baths

1.00

Unit 2 Rent

$900

Unit 3 Beds

1

Unit 3 Baths

1.00

Unit 3 Rent

$920

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Listing courtesy of Hammer Properties NW Inc..

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