1812 24th St

Bellingham, WA 98225

Status

PENDING FEASABILITY

MLS#

1320085

List Price

$499,000

Days on Market

17

Style

52 - Duplex

Building Condition

['Good']

Finished SqFt

1,728

Lot Size (sq ft)

27,878

Property Description

Outstanding investment opportunity. Eclectic and totally Fairhaven with this southend home! Currently rented as a registered duplex with a "A" one bedroom main floor side and "B" three bedroom side. Zoned RS 5.0.

Property Details

List Date

2018-06-27 00:00:00

Community

Happy Valley

Property Type

MULT

Units

2

Stories

2

Additional Information

Potential Terms

Cash Out, Conventional, FHA, VA

Year Built

1937

Total Parking

1

View

Territorial

Exterior

Wood

Roof

Composition

Site Features

['Cable TV', 'Deck', 'High Speed Internet', 'Outbuildings']

Lot Details

Alley, Corner Lot, Paved Street

School District

Bellingham

Elementary School

Happy Vly Elem

Middle School

Fairhaven Mid

High School

Sehome High

Financial Information

Gross Scheduled Income

$26,700

Gross Adjusted Income

$22,190

Annual Taxes

$3,588

Tax Year

2017

Insurance Expense

$725

W/S/G Expenses

$197

Total Expenses

$4,510

Net Operating Income

$22,190

Gross Rent Multiplier

19

Cap Rate

4

Approximate Room Dimensions

Unit 1 Beds

1

Unit 1 Rent

$800

Unit 2 Beds

3

Unit 2 Baths

1.00

Unit 2 Rent

$1,425

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Listing courtesy of Den Finder.

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