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1406 E Illinois Street

Bellingham, WA 98226
  • $589,000
  • STATUS: Pending
  • ON SITE: 34 Days
  • ID#: 1860176
Under Contract
UPDATED: 220 min ago
$589,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,726
    SQFT
  • $341
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Muljat Group.

Description

Turn key duplex in the Sunnyland Elementary District, close to shopping and entertainment at Barkley Village. Brand new roof and replaced sheathing. Both sides are 2 bedroom / 1 bath, with gas heat, laundry, attached single car garages and extra off street parking. Unit 1406 has been completely remodeled with laminate flooring throughout, white cabinets, granite counters, and a stainless steel appliances package. Very chic and modern, and rented through March at $1475. Unit 1408 hasn't been recently updated, but is in exceptional condition. This side is rented at $1050 through January, but could easily be $1250 or more. Seller pays water / sewer, renters pay utilities and garbage. 4.1% actual cap rate, projected 4.5% with modest rent raise.

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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 Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-12-08T00:14:45.073.

www.kwbellingham.net/homes/123000124
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1406 E Illinois Street Bellingham, WA 98226

  • Price: $589,000
  • Status: Pending
  • On Site: 34 Days
  • Updated: 220 min ago
  • ID#: 1860176
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1,726
SQFT
$341
$/SQFT
1958
Built
Neighborhood:
Roosevelt
County:
Whatcom
Area:
Bellingham
Elementary School:
Sunnyland Elem
Middle School:
Whatcom Mid
High School:
Squalicum High
School District:
Bellingham
Property Description
Turn key duplex in the Sunnyland Elementary District, close to shopping and entertainment at Barkley Village. Brand new roof and replaced sheathing. Both sides are 2 bedroom / 1 bath, with gas heat, laundry, attached single car garages and extra off street parking. Unit 1406 has been completely remodeled with laminate flooring throughout, white cabinets, granite counters, and a stainless steel appliances package. Very chic and modern, and rented through March at $1475. Unit 1408 hasn't been recently updated, but is in exceptional condition. This side is rented at $1050 through January, but could easily be $1250 or more. Seller pays water / sewer, renters pay utilities and garbage. 4.1% actual cap rate, projected 4.5% with modest rent raise.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 2 Exterior Features Metal/Vinyl Lot Features Paved Open Parking Spaces 5 Open Parking YN Yes Parking Total 7 Parking Uncovered Spaces 5 Roof Composition Structure Type Duplex Style Code 52 - Duplex View YN No Waterfront YN No

Interior Features

Building Area Total 1726 Fireplace YN No Flooring LaminateVinylCarpet Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Wall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Thermal Windows Electric On Property YN No Energy Source Natural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Green Energy Efficient Thermal Windows Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 24127 New Construction YN No Possession Tenant's Rights Possible Use Multi-Family Power Company Puget Sound Energy Power Production Type Natural Gas Property Condition Very Good Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Sewer Company City Of Bellingham Site Features Cable TvDeckFenced-PartiallyHigh Speed Internet Special Listing Conditions None Tax Annual Amount 3991 Tax Year 2021 Units In Building Total 2 Utilities Cable ConnectedHigh Speed InternetSewer ConnectedNatural Gas Connected Water Company City Of Bellingham 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 Keller Williams Western Realty 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 Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-12-08T00:14:45.073.

 
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Keller Williams Western Realty
2211 Rimland Drive, Suite 124
Bellingham WA, 98226
Listing Courtesy of Muljat Group.