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Listing 7 out of 25
$415,000 For Sale

215 Fifth St
Lynden, WA 98264

3 units | Multi Family Home
6970 sq ft - MLS# 1401257 Courtesy of Den Finder
Property Photo
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Description

Excellent Tri-Plex opportunity in Lynden. Lots of recent updating.....nice corner lot with separate garage with additional income potential and future development options.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Whatcom County
  • Zip Code: 98264
  • Year Built: 1905
  • School District: Lynden
  • High School: Lynden High
  • Sq.Ft.: 2,131 sq ft
  • Units: 3 units
  • Garage: 1-Car
  • # of Parking Spaces: 1, 5
  • Lot Size: 6970 sq ft
  • Area: Lynden
  • Area Number: 885
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 1
  • Bedrooms Unit 3: 1
  • Building Condition: Very Good
  • Cap Rate - NOI div LP: 5.90
  • Energy Source(heat): Electric
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $24462
  • Gross Rent Multiplier: $15
  • Gross Scheduled Income: $27600
  • Heating/Cooling: Wall
  • Insurance Expenses: $600
  • Lot Details: Alley, Corner Lot, Sidewalk
  • Net Operating Income: $24462
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 4
  • Power Company: Pse
  • Rent Unit 1: $900
  • Rent Unit 2: $700
  • Rent Unit 3: $700
  • Roof: Composition
  • Sewer Company: City
  • Site Features: Cable TV
  • Total Expenses: $770, $770
  • Total Garage Capacity: 1
  • Total Monthly Income: $2300
  • Water Company: City
  • Water Source: Public
  • Water/Sewer/Garbage: 170
Courtesy of Den Finder
©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 2019-04-25

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