3035 3037 Pacific St, Bellingham, WA 98226

$465,000
2,184
SqFt

Listing courtesy of Coldwell Banker Bain. Selling Office: .

Sold Price
$465,000
List Price
$489,000
Status
SOLD
MLS#
1360497
Closing Date
Nov 09, 2018
Days on Market
20
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
2,184
Lot Size (sq ft)
7,405

Property Description

Excellent income property opportunity! Low maintenance duplex in the Barkley neighborhood. Always rented and in demand. Three bedrooms, two bathrooms per unit. Rents could be raised to increase cash flow as leases end soon. Roof is brand new! This is a perfect duplex to try your hand at being a landlord or for an experienced investor.

Additional Information

List Date
2018-09-13 00:00:00
Community
Barkley
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
2001
Total Parking
4
Uncovered Parking
4
View
Territorial
Exterior
Metal/Vinyl
Roof
Composition
Site Features
['Cable TV', 'Deck']
Lot Details
Dead End Street, Paved Street, Sidewalk
School District
Bellingham
Total Monthly Income
$2,550
Gross Scheduled Income
$30,600
Gross Adjusted Income
$30,600
Annual Taxes
$3,063
Tax Year
2017
Insurance Expense
$710
W/S/G Expenses
$2,240
Total Expenses
$6,655
Net Operating Income
$23,945
Gross Rent Multiplier
16
Cap Rate
5

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.75
Unit 1 Size
1092
Unit 1 Rent
$1,325
Unit 2 Beds
3
Unit 2 Baths
1.75
Unit 2 Size
1092
Unit 2 Rent
$1,325
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