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2312 Orleans Street

Bellingham, WA 98229
  • $899,000
  • STATUS: Pending
  • ON SITE: 67 days
  • ID#: 1751742
Under Contract
UPDATED: 68 min ago
$899,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1973
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Bellwether Real Estate.

Description

Amazing investment opportunity located in the heart of Bellingham! This turn key and meticulously maintained 4-plex boasts plenty of parking, close to shopping, transit, and all amenities the town has to offer. Fully occupied with a great history of rents and long term tenants. Excellent room for growth within current lease structure. The building offers (3) 2 bedroom/1 bath units and (1) bedroom/1 bath unit, upstairs units feature their own covered balcony. Coin operated laundry, extra storage, shed and full kitchen appliance package in each unit. High demand rental market, don't miss this! Please do not disturb tenants.

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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 M4 Group | Columbia Partners Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-15T07:15:03.1.

www.m4realestategroup.com/homes/115877665
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2312 Orleans Street Bellingham, WA 98229

  • Price: $899,000
  • Status: Pending
  • Updated: 68 min ago
  • ID#: 1751742
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1973
Built
Neighborhood:
Bellingham
County:
Whatcom
Area:
Bellingham
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Bellingham
Property Description
Amazing investment opportunity located in the heart of Bellingham! This turn key and meticulously maintained 4-plex boasts plenty of parking, close to shopping, transit, and all amenities the town has to offer. Fully occupied with a great history of rents and long term tenants. Excellent room for growth within current lease structure. The building offers (3) 2 bedroom/1 bath units and (1) bedroom/1 bath unit, upstairs units feature their own covered balcony. Coin operated laundry, extra storage, shed and full kitchen appliance package in each unit. High demand rental market, don't miss this! Please do not disturb tenants.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features WoodWood Products Lot Features PavedSidewalk Open Parking Spaces 5 Open Parking YN Yes Parking Total 5 Parking Uncovered Spaces 5 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN Yes Waterfront YN No

Interior Features

Fireplace YN No Flooring LaminateCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

Property Features

Association Fee 0 Association Fee Frequency Annually Electric Expense 475 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 58200 Insurance Expense 2017 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 48276 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Condition Very Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckHigh Speed Internet Special Listing Conditions None Tax Annual Amount 5011 Tax Year 2020 Total Expenses 11424 Units In Building Total 4 Utilities Cable ConnectedHigh Speed InternetSewer ConnectedElectricity Available Water Sewer Garbage 2793 Water Source Public 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 M4 Group | Columbia Partners Real Estate 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 M4 Group | Columbia Partners Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-15T07:15:03.1.

 
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M4 Group | Columbia Partners Real Estate
24113 N US Highway 101
Hoodsport WA, 98548
Listing Courtesy of Bellwether Real Estate.