309 S State St

    Bellingham, WA 98225
    • $1,050,000
    • STATUS: Pending
    • ON SITE: 168 days
    • ID#: 1337086
    Under Contract
    UPDATED: 58 min ago
    $1,050,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,156
      SQFT
    • $487
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1973
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Coldwell Banker Bain.

    Description

    Great investment duplex property in highly coveted South Hill with amazing ocean views. This is the second time this property has been available since 1973! Potential to live in one unit beginning in November and rent the other unit. This property also has great development potential, have steady rental income while you are planning a new build. The property has been impeccably maintained and each 2BR/1.5 BA unit features high end finishes and large ocean facing decks. A must see!

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-01-18T12:15:34.277.

    www.kimberlygartlandgroup.com/homes/86198858

    309 S State St Bellingham, WA 98225

    • Price: $1,050,000
    • Status: Pending
    • Updated: 58 min ago
    • ID#: 1337086
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    2,156
    SQFT
    $487
    $/SQFT
    1973
    Built
    Neighborhood:
    South Hill
    County:
    Whatcom
    Area:
    Bellingham
    School District:
    Bellingham
    Property Description
    Great investment duplex property in highly coveted South Hill with amazing ocean views. This is the second time this property has been available since 1973! Potential to live in one unit beginning in November and rent the other unit. This property also has great development potential, have steady rental income while you are planning a new build. The property has been impeccably maintained and each 2BR/1.5 BA unit features high end finishes and large ocean facing decks. A must see!
    Exterior Features

    Building Condition Remodeled Carport Spaces 2 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details Paved StreetSidewalk Roof Composition Stories In Building 2 Style 52 - Duplex Total Parking Spaces 6 Uncovered Spaces 2 View BayOcean

    Interior Features

    Floor Covering Ceramic TileLaminate HardwoodWall to Wall Carpet Heating And Cooling Forced Air90%+ High Efficiency Unit1 Bathrooms 1.50 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1100 Unit1 Washer Dryer Y Unit2 Bathrooms 1.50 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1100 Unit2 Washer Dryer Y Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 3.00 Electrical Expenses 0 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 45000 Gross Rent Multiplier 26 Gross Scheduled Income 45000 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1400 Leased Items None Net Operating Income 35529 New Construction YN No Other Expenses 0 Possession Closing Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 4 Sewer Sewer Connected Sewer Company City Of Bellingham Tax Amount 5731 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 9471 Total Expenses TEX 9471 Total Monthly Income 3750 Unit1 Monthly Rent 1800 Unit2 Monthly Rent 1950 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 1 Water Company City Of Bellingham Water Sewer Garbage 2340 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-01-18T12:15:34.277.

     
    Kimberly Gartland Group - Keller Williams Realty
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    Listing Courtesy of Coldwell Banker Bain.