Diana Burgon
EXP Realty

Realtor® | CRS | MCNE
Bellingham, Washington
360-927-8588
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Listing 9 out of 60
$750,000 Pending

1126 24th St
Bellingham, WA 98225

3 units | Multi Family Home
11761 sq ft - MLS# 1419356 Courtesy of Windermere Real Estate Whatcom
Property Photo
1/15

Description

Happy Valley Apartments features 3 multi-family units near WWU in the Happy Valley neighborhood of Bellingham, WA. This fully occupied property was completely remodeled in the summer of 2018. With zero vacancies, this strong income property is turn key and has been well maintained and managed. Located on 24th St and Mill Ave, this property offers great accessibility to WWU, Happy Valley Elementary, Fairhaven and is easily accessed from I-5.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending
  • County/Area: Whatcom County
  • Zip Code: 98225
  • Year Built: 1970
  • School District: Bellingham
  • Elementary School: Happy Vly Elem
  • Middle School: Fairhaven Mid
  • High School: Sehome High
  • Sq.Ft.: 2,184 sq ft
  • Units: 3 units
  • # of Parking Spaces: 11
  • Lot Size: 11761 sq ft
  • Area: Happy Valley
  • Area Number: 860
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 2
  • Bedrooms Unit 3: 2
  • Building Condition: Very Good
  • Cap Rate - NOI div LP: 5.00
  • Energy Source(heat): Electric
  • Exterior: Brick
  • Floor Covering: Vinyl
  • Foundation: Poured Concrete
  • Gross Adjusted Income: $44581
  • Gross Rent Multiplier: $16
  • Gross Scheduled Income: $45960
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $756
  • Lot Details: Corner Lot
  • Net Operating Income: $36787
  • Number of Stories in Building: 1
  • Number of Uncovered Spaces: 11
  • Other Expenses: $1001
  • Power Company: Puget Sound Energy
  • Rent Unit 1: $1300
  • Rent Unit 2: $1280
  • Rent Unit 3: $1250
  • Roof: Composition
  • Sewer Company: City Of Bellingham
  • Square Feet Unit 1: 728
  • Square Feet Unit 2: 728
  • Square Feet Unit 3: 728
  • Total Expenses: $7794, $7794
  • Total Monthly Income: $3830
  • Units Below Grade: Yes
  • Vacancy Rate: 1
  • Water Company: City Of Bellingham
  • Water Source: Public
  • Water/Sewer/Garbage: 1956
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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