2921 2923 Moore St

Bellingham, WA 98226

Status

ACTIVE

MLS#

1277041

List Price

$349,000

Days on Market

31

Style

52 - Duplex

Building Condition

['Average']

Finished SqFt

1,436

Lot Size (sq ft)

6,098

Property Description

ATTENTION INVESTORS: Here's the opportunity you've been waiting for! Never-vacant duplex at tip of dead end street. Each unit features 2-beds / 1-bath + laundry. Quiet property set back from street with carport and driveway parking. All tenants month-to-month; Cap Rate easily over 6% (or higher!) with market rents. Owner prefers to sell along with neighboring duplex (2925-2927 Moore St). Sold AS-IS.

Property Details

List Date

2018-04-19 00:00:00

Community

Roosevelt

Property Type

MULT

Stories

1

Additional Information

Potential Terms

Cash Out, Conventional

Year Built

1984

Total Parking

4

Uncovered Parking

2

View

Territorial

Exterior

Metal/Vinyl

Roof

Composition

Site Features

['Cable TV', 'Fenced-Partially', 'High Speed Internet']

Lot Details

Dead End Street, 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

$1,900

Gross Scheduled Income

$22,800

Gross Adjusted Income

$22,800

Annual Taxes

$2,463

Tax Year

2017

Insurance Expense

$875

W/S/G Expenses

$1,500

Total Expenses

$4,838

Net Operating Income

$17,962

Gross Rent Multiplier

15

Cap Rate

5

Approximate Room Dimensions

Unit 1 Beds

2

Unit 1 Baths

1.00

Unit 1 Size

732

Unit 1 Rent

$900

Unit 2 Beds

2

Unit 2 Baths

1.00

Unit 2 Size

731

Unit 2 Rent

$1,000

property image property image property image property image property image property image property image property image property image property image property image property image property image property image property image

Listing courtesy of Brandon Nelson Partners.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.