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Listed by:Lakeside Realty, Inc. • Dean Hatcher
$1,200,000
Est. payment /mo
8 Beds
4 Baths
1,971 SqFt
Active
2701 Texas (2701-2709) ST Bellingham, WA 98229
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,971 sqft
Price per Sqft $608
Subdivision Alabama Hill
MLS Listing ID 2529059
Style 54 - 4-Plex
Bedrooms 8
Year Built 1976
Annual Tax Amount $7,231
Lot Size 0.340 Acres
Lot Dimensions 14810
Property Sub-Type Multi Family
Property Description
Investor opportunity! If you're looking for a place to put your 1031 exchange money look no further! This fourplex featuring four 2-bedroom, 1-bath units with strong upside potential. 2705 & 2709 have been updated, while 2701 & 2703 offer an opportunity for improvements and added value. Current rents are below market, providing excellent potential for future rental increases and improved cash flow. Tenants are month to month. All units include a washer and dryer, 2701-2703 (stack units), 2705-2709 (full size) Each building has a submeter installed to track each tenants water use so you can charge the tenant for their share of the water and sewer bill.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
Elementary Schools Roosevelt Elementary
Middle Schools Kulshan Mid
High Schools Bellingham High
School District Bellingham
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash

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