For Sale: 5044 Guide Meridian, Bellingham 98226
We just reduced the price of this property to $299,900!
We just listed this multi-family property on the guide!
This duplex features one 3 bedroom, 1.5 bathroom unit that is currently being rented out for $800 a month and a 1 bedroom, 1 bathroom unit that is currently being rented out for $600 a month. It is an excellent investment opportunity, with a current monthly rental incone of $1,400 per month! Owner financing is avaiable on approved credit, so no bank is needed for this transaction!
A $75,000 cash down payment would leave you with a mortgage of $240,000, at 4% the monthly payments would only be $1,146 based on a 30 year amortization, with a due date in 5 years.
The listing price include 2 separate tax parcels, for a total lot size of 0.53 acres or 23,087 square feet. (Parcel #'s 390331016192 & 390331018184.