Bought with Pacific Edge Properties
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Key Details
Sold Price $1,185,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,736 sqft
Price per Sqft $317
Subdivision South Hill
MLS Listing ID 1764880
Sold Date 07/02/21
Style 53 - Tri-plex
Year Built 1930
Annual Tax Amount $8,406
Lot Size 6,098 Sqft
Lot Dimensions 50 x 125
Property Description
This impeccably maintained craftsman tri-plex is conveniently located directly across from WWU. This is a perfect location!! GSI of $85,000 is $25,000 to $30,000 higher than current tri-plex or fourplex listings. Trash paid by tenants directly to SSC, resulting in $1,800+ in Owner-savings per year. Coin laundry on-site adds an add'l $1,800 per year in income. Tri-plex leases easily due to location, never had a vacancy. All units are leased thru summer 2022! Each Unit has one Master Lease with a co-signer for each tenant. Same Owner for 20+ years has completed extensive renovations. Loads of old charm and character with 9 ft. ceilings, built-in cabinetry, bay windows, pediments, and moldings. Front covered rocking chair porch, bay views.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Interior Features Forced Air, Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Utilities Available Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
Amenities Available Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
Waterfront No
View Y/N Yes
View Bay, City, Ocean
Roof Type Composition
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Lowell Elem
Middle Schools Fairhaven Mid
High Schools Sehome High
School District Bellingham
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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