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Listing 17 out of 25
Sold for $1,100,000 Sold

2819 Nevada St
Bellingham, WA 98226

4 units | Multi Family Home
14810 sq ft lot - MLS# 1366104 Courtesy of Weichert Realtors Vanson Assoc
Property Photo

Sold

Sold for $1,100,000 on Apr 30, 2019

Description

INVESTOR ALERT on this extremely well maintained single level 4-plex. Each unit is a 2 bed, 2 bath complete with natural gas fireplaces and each unit has an attached double car garage! Both buildings were repainted this year and you will defiantly see the pride of ownership. Beautifully landscaped courtyard welcomes guests to your front door. Boasting a 5% CAP rate this 4-plex is perfect for an investor who wants a good return on investment and a turn key project that has been well maintained.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $1,125,000
  • County/Area: Whatcom County
  • Zip Code: 98226
  • Year Built: 2003
  • Subdivision/Neighborhood: Horst Short Plat
  • School District: Bellingham
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • Sq.Ft.: 3,904 sq ft
  • Units: 4 units
  • Garage: 4+-Car
  • # of Parking Spaces: 8, 16
  • Lot Size: 14810 sq ft lot
  • Area: Roosevelt
  • Approved Number of Bedrooms: 8
  • Area Number: 860
  • Bathrooms Unit 1: 2.00
  • Bathrooms Unit 2: 2.00
  • Bathrooms Unit 3: 2.00
  • Bathrooms Unit 4: 2.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 2
  • Bedrooms Unit 3: 2
  • Bedrooms Unit 4: 2
  • Building Condition: Very Good
  • Cap Rate - NOI div LP: 5.00
  • Energy Source(heat): Electric, Natural Gas
  • Exterior: Cement Planked
  • Floor Covering: Ceramic Tile, Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $69600
  • Gross Rent Multiplier: $16
  • Gross Scheduled Income: $69600
  • Heating/Cooling: Insert, Wall
  • Insurance Expenses: $1274
  • Lot Details: Alley, Paved Street, Secluded
  • Net Operating Income: $56318
  • Number of Stories in Building: 1
  • Number of Uncovered Spaces: 8
  • Other Expenses: $400
  • Power Company: Puget Sound Energy
  • Rent Unit 1: $1350
  • Rent Unit 2: $1350
  • Rent Unit 3: $1350
  • Rent Unit 4: $1350
  • Roof: Composition
  • Selling Agent: Rory Anne Pederson
  • Selling Office: Muljat Group
  • Sewer Company: City Of Bellingham
  • Site Features: Cable TV, Deck, High Speed Internet
  • Square Feet Unit 1: 976
  • Square Feet Unit 2: 976
  • Square Feet Unit 3: 976
  • Square Feet Unit 4: 976
  • Street Number Modifier: 2827
  • Total Expenses: $13282, $13282
  • Total Garage Capacity: 8
  • Total Monthly Income: $4050
  • Water Company: City Of Bellingham
  • Water Source: Community
  • Water/Sewer/Garbage: 3260
  • Sold Date: 2019-04-30 00:00:00
  • Sold Price: 1100000.00
Courtesy of Weichert Realtors Vanson Assoc
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than RE/MAX Whatcom County, Inc. are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-07-23

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