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1504 Alabama Street

Bellingham, WA 98229
  • $1,250,000
  • STATUS: Pending
  • ON SITE: 35 Days
  • ID#: 1854855
Under Contract
UPDATED: 228 min ago
$1,250,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2002
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Westcom Properties Inc..

Description

Great value and opportunity for a handyman or contractor! Pro-forma rents at $1,650 for 4-plex with 5.62% cap rate. Properties are two parcels, on one parcel, is a house that is not in rentable condition. Upside in fixing up the house or tear it down and add multiple units.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northwest Home Team Realty, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-11-30T00:14:38.463.

www.mynwhometeam.com/homes/122734038
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1504 Alabama Street Bellingham, WA 98229

  • Price: $1,250,000
  • Status: Pending
  • On Site: 35 Days
  • Updated: 228 min ago
  • ID#: 1854855
0
Beds
0
Baths
0
½ Baths
0.23
Acres
2002
Built
Neighborhood:
Roosevelt
County:
Whatcom
Area:
Bellingham
Elementary School:
Roosevelt Elem
Middle School:
Kulshan Mid
High School:
Bellingham High
School District:
Bellingham
Property Description
Great value and opportunity for a handyman or contractor! Pro-forma rents at $1,650 for 4-plex with 5.62% cap rate. Properties are two parcels, on one parcel, is a house that is not in rentable condition. Upside in fixing up the house or tear it down and add multiple units.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Metal/Vinyl Lot Size Dimensions 10019 Open Parking Spaces 10 Open Parking YN Yes Parking Total 10 Parking Uncovered Spaces 10 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

Interior Features

Building Area Total 0 Fireplace YN No Flooring LaminateCarpet Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Forced AirWall To Wall CarpetLaminate Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Building Name Plat Of Alabama Street Addition To The Town Of New Common Interest Multi-Family Electric On Property YN No Energy Source ElectricNatural Gas Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 1 & 2 Net Operating Income 44110 New Construction YN No Possession Closing Possible Use Multi-Family Power Company Pse Power Production Type ElectricNatural Gas Property Condition Average Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City Of Bellingham Special Listing Conditions Bank Or ReoNone Tax Annual Amount 8743 Tax Year 2021 Units In Building Total 4 Utilities Sewer ConnectedElectricity AvailableNatural Gas Connected Water Company City Of Bellingham Water Source Community Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Northwest Home Team Realty, LLC and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northwest Home Team Realty, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-11-30T00:14:38.463.

 
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Northwest Home Team Realty, LLC
300 Deschutes Way
Olympia WA, 98501
Listing Courtesy of Westcom Properties Inc..