2906 -2908 Moore Street, Bellingham, WA 98226

$795,000
2,338
SqFt

Listing courtesy of Brandon Nelson Partners. Selling Office: ACP.

Sold Price
$795,000
List Price
$811,000
Status
SOLD
MLS#
2162527
Closing Date
Sep 29, 2023
Days on Market
2
Style
52 - Duplex
Finished SqFt
2,338
Area Total SqFt
2338
Annual Tax Ammount
5387
Internet Provider
Xfinity
Lot Size (sq ft)
6,970
Sewer
Sewer Connected

Property Description

This duplex has it all! Rare 3 beds, 1.5 baths units w/ updates, private fenced yards, attached garages, and an AWESOME location! Formerly owner occupied the pride of ownership still remains. Each unit has a nice open living room and kitchen with big pantry and eating space. The units boast a variety of updates including newer washer/dryers and dishwashers in each unit, one with stainless appliances, and both with vinyl windows + gas furnaces. The tenants rave about how well insulated and quiet it is. The garage offers a ton of storage and there is plenty more parking out front. Always quick to rent or would make a nice owner occupy option in the future.

Additional Information

List Date
2023-09-27 00:00:00
Community
Bellingham
Net Operating Income
$40,509
Gross Adjusted Income
$50,700
Gross Scheduled Income
$50,700
Total Monthly Income
$4,225
Insurance Expenses
$1,750
Water/Sewer/Garbage Expenses
$3,054
Gross Rent Multiplier
16
Total Expenses
$10,191
Cap Rate
5
Vacancy Rate
1
Total Number of Units
2
Unit Name
2906 -2908
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1994
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio
Energy Source
Natural Gas
School District
Bellingham
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,225
Gross Scheduled Income
$50,700
Vacancy Rate
1
Gross Adjusted Income
$50,700
Tax Year
2023
Insurance Expense
$1,750
W/S/G Expenses
$3,054
Total Expenses
$10,191
Net Operating Income
$40,509
Gross Rent Multiplier
16
Cap Rate
5
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