3552 Arbor Street, Bellingham, WA 98229

$609,200
1,464
SqFt

Listing courtesy of Muljat Group. Selling Office: Windermere Real Estate Whatcom.

Sold Price
$609,200
List Price
$655,000
Status
SOLD
MLS#
1944884
Closing Date
Oct 13, 2022
Days on Market
97
Style
52 - Duplex
Finished SqFt
1,464
Area Total SqFt
1464
Annual Tax Ammount
3066
Lot Size (sq ft)
4,000
Sewer
Sewer Connected

Property Description

Excellent location for this Whatcom Falls Duplex in Bellingham. Units 101 and 201 with every room updated during current ownership including bathrooms, kitchen, bedrooms, etc. Newer roof, plumbing, electrical. Solid wood slab countertops, farmhouse sinks, ceramic tile & laminate flooring, electric wall & natural gas floor heat. Plenty of off-site parking, steps to Whatcom Falls Park, minutes to Bloedel & Lake Whatcom, Galbraith Mtn, Mtn bike paradise. Walk to bus line. History shows no problem getting tenants here.

Additional Information

List Date
2022-07-08 00:00:00
Community
Whatcom Falls
Net Operating Income
$20,705
Gross Adjusted Income
$29,400
Gross Scheduled Income
$29,400
Total Monthly Income
$2,450
Insurance Expenses
$707
Water/Sewer/Garbage Expenses
$4,577
Gross Rent Multiplier
24
Total Expenses
$8,695
Cap Rate
3
Total Number of Units
2
Unit Name
3552
Potential Terms
Cash Out, Conventional
Year Built
1936
Waterfront
Yes
View
Territorial
Roof
Flat
Site Features
Cable TV, Gas Available, High Speed Internet, Outbuildings, Patio
Other Expenses
345
Energy Source
Electric, Natural Gas
School District
Bellingham
Total Monthly Income
$2,450
Gross Scheduled Income
$29,400
Gross Adjusted Income
$29,400
Tax Year
2021
Insurance Expense
$707
W/S/G Expenses
$4,577
Total Expenses
$8,695
Net Operating Income
$20,705
Gross Rent Multiplier
24
Cap Rate
3
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