Bought with Petz Real Estate
$1,040,000
$1,080,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
2411 Yew ST Bellingham, WA 98229
2,944 SqFt
Key Details
Sold Price $1,040,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,944 sqft
Price per Sqft $353
Subdivision Bellingham
MLS Listing ID 2010894
Sold Date 12/20/22
Style 55 - 5-9 Units
Year Built 1977
Annual Tax Amount $6,583
Lot Size 0.350 Acres
Property Sub-Type Multi-Family
Property Description
5 plex investment property, 6% CAP rate. Located between Trader Joes & Alabama hill off Alabama. Reliable long term tenants, Solid & well maintained house. All units but 1 in excellent shape 1 unit will need new paint & carpeting. Lg parking lot. Vinyl siding. All units have sliding glass doors w/garden area for each tenant. Asphalt shingle roof (needs to be replaced within 2-4 years but roof only has 1 layer of shingles. (A second layer can be added without removing the first layer, reducing the cost of a new roof). 2 units are 2 bedroom, 3 are 1 bedroom units. All units have wash & dry. 6 parking spaces + 4 carports. Zero vacancy for last 6yrs. Cap rate 6.01%
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type See Remarks
Building
Lot Description Corner Lot
Sewer Sewer Connected
New Construction No
Schools
School District Bellingham
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.