1509 Moore St

Bellingham, WA 98229

Status

ACTIVE

MLS#

1245613

List Price

$799,000

Price Change

▼ $26,000 1522011629

Days on Market

67

Style

54 - 4-Plex

Finished SqFt

3,496

Lot Size (sq ft)

8,276

Property Description

Freshly updated 4 plex in desirable location. Each unit is 2 beds 1.5 baths with W/D. Updates include new roof in December 2017, new water heaters, paint, fixtures and flooring in all units. New appliances in unit 1 and 3. Walking distance to bus line, shopping, restaurants and easy access to I-5.

Property Details

List Date

2018-02-15 00:00:00

Community

Puget

Property Type

MULT

Units

4

Stories

2

Additional Information

Potential Terms

Cash Out, Conventional

Year Built

1980

Total Parking

6

Uncovered Parking

6

View

Territorial

Exterior

Metal/Vinyl

Roof

Composition

Site Features

['Cable TV', 'Deck', 'Gas Available', 'High Speed Internet']

Lot Details

Alley, Curbs, Paved Street, Sidewalk

School District

Bellingham

Financial Information

Total Monthly Income

$5,200

Gross Scheduled Income

$62,400

Vacancy Rate

5

Gross Adjusted Income

$62,400

Annual Taxes

$4,284

Tax Year

2018

Insurance Expense

$1,536

W/S/G Expenses

$3,672

Total Expenses

$9,492

Net Operating Income

$52,908

Gross Rent Multiplier

12

Cap Rate

6

Approximate Room Dimensions

Unit 1 Beds

2

Unit 1 Baths

1.50

Unit 1 Size

874

Unit 1 Rent

$1,300

Unit 2 Beds

2

Unit 2 Baths

1.50

Unit 2 Size

874

Unit 2 Rent

$1,200

Unit 3 Beds

2

Unit 3 Baths

1.50

Unit 3 Size

874

Unit 3 Rent

$1,300

Unit 4 Beds

2

Unit 4 Baths

1.50

Unit 4 Size

874

Unit 4 Rent

$1,200

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Listing courtesy of Keller Williams Western Realty.

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