Diana Burgon
EXP Realty

Realtor® | CRS | MCNE
Bellingham, Washington
360-927-8588
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Listing 13 out of 60
$799,500 Pending Inspection

1315 E Victor St
Bellingham, WA 98225

4 units | Multi Family Home
14375 sq ft - MLS# 1415382 Courtesy of Windermere Real Estate Whatcom
Property Photo
1/25

Description

Rare Investment! Columbia/Cornwall Park 4-plex on 1/3 acre lot with 3 tastefully updated units. Updated units have new flooring, paint, kitchen/bathroom upgrades, new water heaters, and with front and back doors. All units with new minisplit heat/AC. Strong rents with quality tenants. Building is in excellent condition inside and out, plenty of off-street parking and yard space as well. Highly walkable to your favorite parks, schools, stores and resturants. Affordable owner occupy option too!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending Inspection
  • County/Area: Whatcom County
  • Zip Code: 98225
  • Year Built: 1971
  • School District: Bellingham
  • Units: 4 units
  • # of Parking Spaces: 8
  • Lot Size: 14375 sq ft
  • Area: Columbia
  • Area Number: 860
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 2
  • Bedrooms Unit 3: 2
  • Bedrooms Unit 4: 1
  • Building Condition: Very Good
  • Cap Rate - NOI div LP: 5.80
  • Energy Source(heat): Electric
  • Floor Covering: Laminate Hardwood, Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family, Residential
  • Gross Adjusted Income: $54396
  • Gross Rent Multiplier: $15
  • Gross Scheduled Income: $52596
  • Heating/Cooling: Baseboard, Wall
  • Insurance Expenses: $1308
  • Lot Details: Paved Street, Sidewalk
  • Lot Dimensions: 14,375
  • Net Operating Income: $46086
  • Number of Stories in Building: 1
  • Number of Uncovered Spaces: 8
  • Power Company: Pse
  • Rent Unit 1: $1250
  • Rent Unit 2: $1250
  • Rent Unit 3: $1250
  • Rent Unit 4: $783
  • Roof: Composition
  • Sewer Company: Cob
  • Site Features: Cable TV, Fenced-Partially, Gas Available, Outbuildings, Patio, RV Parking
  • Square Feet Unit 1: 685
  • Square Feet Unit 2: 685
  • Square Feet Unit 3: 790
  • Square Feet Unit 4: 590
  • Total Expenses: $8310, $8310
  • Water Company: Cob
  • Water Source: Public
  • Water/Sewer/Garbage: 2520
Courtesy of Windermere Real Estate Whatcom
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than EXP Realty are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-03-25

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Diana Burgon
EXP Realty

Realtor® | CRS | SRS | ABR | MCNE | e-PRO | REDM
2219 Rimland Dr Ste. 301
Bellingham, WA 98226
Phone: 360-927-8588
Email: diana@burgonteam.com

Testimonials

Diana is not only very knowledgeable about real estate in the Whatcom community but has had many experiences to entice one to live and travel around the Pacific Northwest. I have had some negative experiences with past realtors in other parts of the country and can honestly say that she is the most likable and unobtrusive person that I have had the pleasure to work with on finding the perfect fit for us. Sherri Guiton
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