961 W Lake Samish Drive, Bellingham, WA 98229

$1,750,000
4,242
SqFt

Listing courtesy of Fairhaven Realty br of Lakeway.

List Price
$1,750,000
Status
ACTIVE
MLS#
2293676
Days on Market
24
Style
54 - 4-Plex
Finished SqFt
4,242
Area Total SqFt
4242
Annual Tax Ammount
1000
Internet Provider
Xfinity
Lot Size (sq ft)
16,460
Sewer
Sewer Connected

Property Description

This successfully Airbnb home is perfectly situated on beautiful Lake Samish where lake fun is at it's finest. Currently 4 units with a total of 5 bedrooms, 5 baths, each unit has its own outdoor area to enjoy and relax in. Radiant heat patios and driveways are available for your guests comfort. Expansive lake views from almost every room delights the guests time and time again. Easy housekeeping and guest turnover makes this a logical investment. This property has so much to offer, plus it's just around a few corners from the infamous Galbraith Mountain Biking Trails!

Additional Information

List Date
2024-09-16 21:57:09
Community
Lake Samish
Net Operating Income
$6,334
Gross Adjusted Income
$263
Gross Scheduled Income
$43,506
Total Monthly Income
$8,300
Water/Sewer/Garbage Expenses
$130
Gross Rent Multiplier
40.2
Total Expenses
$5,930
Vacancy Rate
5
Total Number of Units
3
Unit Name
961
Potential Terms
Cash Out, Conventional
Year Built
1952
Waterfront
Yes
View
Lake, Territorial
Roof
Flat
Site Features
Cable TV, Deck, Dock, Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking
Electric Expenses
1000
Other Expenses
2000
Energy Source
Electric, Propane
School District
Bellingham
Elementary School
Wade King Elem
Middle School
Fairhaven Mid
High School
Sehome High
Total Monthly Income
$8,300
Gross Scheduled Income
$43,506
Vacancy Rate
5
Gross Adjusted Income
$263
Tax Year
2024
W/S/G Expenses
$130
Total Expenses
$5,930
Net Operating Income
$6,334
Gross Rent Multiplier
40.2
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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