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$1,249,000 - 2419 St. Paul St, Bellingham

-
Bedrooms
-
Baths
9,600
SQ. Feet
0.34
Acres

CAP Rate at 7 with out management fees and at 6.4 CAP with management fees (5%). Built in 2006 in like new condition with 8 total units in high demand rental area. Rental rates are low and could be raised to approximately $115,200 Gross Scheduled Income annually. Buildings are very attractive Northwest Craftsman style with spacious, open floor plans. "Other" item in annual expenses is for property management fees which the new owner can choose to continue or not to add to the profitability.

Listing Office:Re/max Whatcom County

Essential Information

  • MLS® #:
    184956
  • Price:
    $1,249,000
  • Bathrooms:
    0.00
  • Square Footage:
    9,600
  • Acres:
    0.34
  • Year Built:
    2006
  • Type:
    Multi Family
  • Sub-Type:
    56-6-9 Units
  • Status:
    Active

Community Information

  • Address:
    2419 St. Paul St
  • Area:
    Bellingham
  • Subdivision:
    Bellingham
  • City:
    Bellingham
  • County:
    Whatcom
  • State:
    WA
  • Zip Code:
    98225

Amenities

  • Amenities:
    Storage, Thermal Windows

Interior

  • Heating:
    Wall

Exterior

  • Exterior:
    Cement Planked
  • Lot Description:
    Alley, Paved Street
  • Roof:
    Composition
  • Foundation:
    Poured Concrete

School Information

  • District:
    Bellingham
  • Elementary:
    Buyer To Verify
  • Middle:
    Buyer To Verify
  • High:
    Buyer To Verify

Additional Information

  • Zoning:
    Multi-Family

Listing Details

  • Listing Office:
    Re/max Whatcom County

All listings featuring the icon are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2012. All rights reserved. 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. The information contained in these listings has not been verified by RE/MAX Whatcom County Inc. and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on May 20th, 2012 at 8:00pm.