2414 J St

Bellingham, WA 98225

Status

PENDING INSPECTION

MLS#

1260028

List Price

$450,000

Days on Market

31

Style

52 - Duplex

Finished SqFt

1,944

Lot Size (sq ft)

7,405

Property Description

Investment opportunity! Great location and cash flow in this consistently rented duplex two blocks away from Broadway Park. Close proximity to parks, schools, hospital, and downtown. Downstairs unit is 1,127 sq ft with 2 bd/1 ba, including a clawfoot bathtub and skylight. Upstairs unit is 817 sq ft with 1 bd/1 ba. Both have separate entrances and kitchens. 2 car detached garage and outbuilding. Fenced front/back yard. Rent has been kept low for amazing tenants. Month to month leases.

Property Details

List Date

2018-03-19 00:00:00

Community

Lettered Streets

Property Type

MULT

Units

2

Stories

2

Additional Information

Potential Terms

Cash Out, Conventional

Year Built

1900

Total Parking

6

Uncovered Parking

4

Exterior

Wood Products

Roof

Composition

Site Features

['Fenced-Fully', 'Outbuildings']

Lot Details

Paved Street, Sidewalk

School District

Bellingham

Elementary School

Parkview Elem

Middle School

Whatcom Mid

High School

Bellingham High

Financial Information

Total Monthly Income

$1,700

Gross Scheduled Income

$20,400

Gross Adjusted Income

$20,400

Annual Taxes

$3,131

Tax Year

2017

Insurance Expense

$676

Total Expenses

$3,807

Net Operating Income

$16,593

Gross Rent Multiplier

22

Cap Rate

3

Approximate Room Dimensions

Unit 1 Beds

2

Unit 1 Baths

1.00

Unit 1 Size

1127

Unit 1 Rent

$950

Unit 2 Beds

1

Unit 2 Baths

1.00

Unit 2 Size

817

Unit 2 Rent

$750

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Listing courtesy of Peace Arch Real Estate.

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