1802 1804 TEXAS ST

Bellingham, WA 98229

Status

SOLD

MLS#

1204393

Sold Price

$404,995

List Price

$404,995

Closing Date

Mar 23, 2018

Days on Market

124

Style

52 - Duplex

Building Condition

['Good']

Finished SqFt

2,593

Lot Size (sq ft)

6,593

Property Description

Very well maintained Duplex. Each side has Two Bedrooms and 1.5 Bathrooms. Rents are too low. The buyer may live on one side and rent the other side for extra income.

Property Details

List Date

2017-10-06 00:00:00

Community

Roosevelt

Property Type

MULT

Units

2

Stories

2

Additional Information

Potential Terms

Cash Out, Conventional

Year Built

2004

Total Parking

4

Exterior

Metal/Vinyl

Roof

Composition

Lot Details

Paved Street

School District

Bellingham

Elementary School

Buyer To Verify

Middle School

Buyer To Verify

High School

Buyer To Verify

Financial Information

Total Monthly Income

$2,400

Gross Scheduled Income

$26,400

Gross Adjusted Income

$20,662

Annual Taxes

$3,603

Tax Year

2017

Insurance Expense

$635

W/S/G Expenses

$1,500

Total Expenses

$5,738

Net Operating Income

$20,662

Gross Rent Multiplier

16

Cap Rate

5

Approximate Room Dimensions

Unit 1 Beds

2

Unit 1 Baths

1.50

Unit 1 Size

1252

Unit 1 Rent

$1,000

Unit 2 Beds

2

Unit 2 Baths

1.50

Unit 2 Size

1252

Unit 2 Rent

$1,000

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Listing courtesy of Skyline Properties, Inc.. Selling Office: .

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