2415 2417 Xenia St

Bellingham, WA 98226

Status

PENDING INSPECTION

MLS#

1291150

List Price

$404,500

Days on Market

14

Style

52 - Duplex

Finished SqFt

1,989

Lot Size (sq ft)

8,255

Property Description

Fantastic, Sunny updated duplex on handsome lot. 2X 2 bedroom, 1 bath. Each side has own W/D, Garage and Deck. Shared fenced backyard. 0% Vacancy. Brand new Hardyplank siding, 2417 just painted, brand new crawlspace insulation, new cedar deck, newer gas furnaces and hot water heaters X2, newer roof, new laminate wood flooring. Situated on Fury creek, off the road. Happy tenants in 2415 just extended lease for a year, 2417 vacated early to prep for sale. This will go fast.

Property Details

List Date

2018-05-11 00:00:00

Community

Roosevelt

Property Type

MULT

Stories

2

Additional Information

Potential Terms

Cash Out, Conventional

Year Built

1992

Total Parking

5

Exterior

Cement/Concrete

Roof

Composition

School District

Bellingham

Elementary School

Roosevelt Elem

Middle School

Whatcom Mid

High School

Bellingham High

Financial Information

Total Monthly Income

$2,200

Gross Scheduled Income

$26,400

Gross Adjusted Income

$26,400

Annual Taxes

$3,190

Tax Year

2018

Insurance Expense

$600

W/S/G Expenses

$2,160

Total Expenses

$5,950

Net Operating Income

$20,450

Gross Rent Multiplier

7

Cap Rate

5

Approximate Room Dimensions

Unit 1 Beds

2

Unit 1 Baths

1.00

Unit 1 Size

1000

Unit 1 Rent

$1,000

Unit 2 Beds

2

Unit 2 Baths

1.00

Unit 2 Size

1000

Unit 2 Rent

$1,200

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Listing courtesy of Coldwell Banker Bain.

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