2621 Woburn St, Bellingham, WA 98226

$380,000
1,476
SqFt

Listing courtesy of RE/MAX Whatcom County, Inc.. Selling Office: .

Sold Price
$380,000
List Price
$425,000
Status
SOLD
MLS#
1505142
Closing Date
Sep 09, 2019
Days on Market
11
Style
52 - Duplex
Finished SqFt
1,476
Lot Size (sq ft)
10,019

Property Description

Two homes with shop for the price of one! Home 1 (2621) 2bd/1ba move in ready with new flooring. Home 2 (2625) is 1bd/1ba with covered porch and allowance for new roof, paint & floors. All the hard work is complete with good foundations, electrical and plumbing. Shop is about 650 sf and has lots of storage space or make it your garage or hobby room. Live in one home and rent the other - Investment Opportunity!

Additional Information

List Date
2019-08-16 00:00:00
Community
Roosevelt
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional, FHA, VA
Year Built
1920
Total Parking
8
Uncovered Parking
8
Exterior
Cement Planked, Wood
Roof
Composition
Site Features
Cable TV, Gas Available, Outbuildings, RV Parking, Shop
Lot Details
Paved Street, Sidewalk
School District
Bellingham
Elementary School
Roosevelt Elem
Middle School
Buyer To Verify
High School
Squalicum High
Total Monthly Income
$2,400
Gross Scheduled Income
$28,800
Vacancy Rate
1
Gross Adjusted Income
$28,000
Annual Taxes
$2,027
Tax Year
2019
Insurance Expense
$600
Total Expenses
$7,200
Net Operating Income
$21,600
Gross Rent Multiplier
14
Cap Rate
5

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
840
Unit 1 Rent
$1,400
Unit 2 Beds
1
Unit 2 Baths
1.00
Unit 2 Size
636
Unit 2 Rent
$1,000
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