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Listing 3 out of 25
Sold for $2,615,000 Sold

210 B St
Blaine, WA 98230

26 units | Multi Family Home
0.67 acres - MLS# 1409346 Courtesy of Westlake Associates, Inc.
Property Photo

Sold

Sold for $2,615,000 on May 22, 2019

Description

26 Unit value add apartment building. All units are one bedroom, one bath. The apartment is located in a prime location near the Canada Border and Customs, Peace Arch Park, and downtown Blaine.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $2,650,000
  • County/Area: Whatcom County
  • Zip Code: 98230
  • Year Built: 1970
  • School District: Blaine
  • Sq.Ft.: 16,940 sq ft
  • Units: 26 units
  • # of Parking Spaces: 12
  • Lot Size: 0.67 acres
  • Area: Blaine
  • Area Number: 880
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bathrooms Unit 6: 1.00
  • Bedrooms Unit 1: 1
  • Bedrooms Unit 2: 1
  • Bedrooms Unit 3: 1
  • Bedrooms Unit 4: 1
  • Bedrooms Unit 5: 1
  • Bedrooms Unit 6: 1
  • Cap Rate - NOI div LP: 6.40
  • Energy Source(heat): Electric
  • Floor Covering: Wall to Wall Carpet
  • Foundation: Poured Concrete
  • Gross Adjusted Income: $286169
  • Gross Rent Multiplier: $9
  • Gross Scheduled Income: $295020
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $6685
  • Net Operating Income: $170184
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 12
  • Other Expenses: $50008
  • Rent Unit 1: $925
  • Rent Unit 2: $925
  • Rent Unit 3: $868
  • Rent Unit 4: $850
  • Rent Unit 5: $925
  • Rent Unit 6: $925
  • Roof: Composition
  • Selling Agent: John Angier
  • Selling Office: Keller Williams Western Realty
  • Square Feet Unit 1: 600
  • Square Feet Unit 2: 600
  • Square Feet Unit 3: 600
  • Square Feet Unit 4: 600
  • Square Feet Unit 5: 600
  • Square Feet Unit 6: 600
  • Total Expenses: $115985, $115985
  • Total Monthly Income: $23763
  • Vacancy Rate: 3
  • Water/Sewer/Garbage: 51482
  • Sold Price: 2615000.00
  • Sold Date: 2019-05-22 00:00:00
Courtesy of Westlake Associates, Inc.
©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 2019-08-20

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