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Listing 2 out of 27
$475,000 New For Sale

1416 Humboldt St
Bellingham, WA 98225

2 units | Multi Family Home
4356 sq ft - MLS# 1390031 Courtesy of Windermere Real Estate Whatcom
Property Photo
1/25

Description

Updated duplex with the best realized cap rate in town! 6.2%! Each unit is 2 bed 1 bath with laundry and separate entrances. Great location in the York neighborhood, one block from Nelson's Market and just minutes from downtown. Updated paint, carpets, siding and much more. This duplex is rented and ready to go!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Whatcom County
  • Zip Code: 98225
  • Year Built: 1895
  • School District: Bellingham
  • Sq.Ft.: 1,696 sq ft
  • Units: 2 units
  • # of Parking Spaces: 4
  • Lot Size: 4356 sq ft
  • Area: York
  • 3rd Party Apprvl Req: Other - See Remarks
  • Area Number: 860
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 2
  • Electrical Expenses: $600
  • Energy Source(heat): Natural Gas
  • Exterior: Cement Planked
  • Foundation: Concrete Block
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $29510
  • Gross Rent Multiplier: $13
  • Gross Scheduled Income: $35400
  • Heating/Cooling: Forced Air
  • Insurance Expenses: $1000
  • Net Operating Income: $29510
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 4
  • Rent Unit 1: $1550
  • Rent Unit 2: $1300
  • Roof: Composition
  • Square Feet Unit 1: 1000
  • Square Feet Unit 2: 700
  • Total Expenses: $5890, $5890
  • Total Monthly Income: $2850
  • Vacancy Rate: 1
  • Water Source: Public
  • Water/Sewer/Garbage: 1320
Courtesy of Windermere Real Estate Whatcom

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