1812 24th Street, Bellingham, WA 98225

$695,000
1,730
SqFt

Listing courtesy of American Dream R. E. Services.

List Price
$695,000
Status
PENDING INSPECTION
MLS#
1866529
Days on Market
47
Style
52 - Duplex
Finished SqFt
1,730
Area Total SqFt
1730
Lot Size (sq ft)
27,878

Property Description

Classic and charming home/duplex in Fairhaven on large lot with potential for more development. On corner lot, adjacent to public land with a year round creek and fire pit. Large outdoor spaces for entertaining. Ample parking on site with detached garage for storage or potential site for new dwelling space (confirm with city). Currently leased with two tenants on either side. 'A Unit' is a studio apartment with kitchen and three quarter bath. 'B Unit' is 3 bedrooms with two stories and lots of potential storage space in attic or potential for expansion. Enjoy being close to many amenities such as grocery and restaurants in Fairhaven. Nearby bus line access. Ideal investment property or future primary residence.

Additional Information

List Date
2021-10-14 04:55:09
Community
Fairhaven
Potential Terms
Cash Out, Conventional
Year Built
1937
Waterfront
Yes
Roof
Composition
Site Features
Cable TV, High Speed Internet, Outbuildings, Patio, Propane, Shop
Heating/Cooling Type
Baseboard, Ductless HP-Mini Split
Electric Expenses
1965
Energy Source
Electric
School District
Bellingham
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,850
Gross Scheduled Income
$33,800
Gross Adjusted Income
$33,800
Tax Year
2021
Insurance Expense
$1,230
W/S/G Expenses
$1,919
Total Expenses
$9,866
Net Operating Income
$23,934
Gross Rent Multiplier
21
Cap Rate
3
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