1505 Moore St

    Bellingham, WA 98229
    • $1,100,000
    • STATUS: Pending
    • ON SITE: 367 days
    • ID#: 1324758
    Under Contract
    $1,100,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,215
      SQFT
    • $211
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Muljat Group.

    Description

    Solid investment, 6 unit multi-family building for sale with historically low vacancies and potential rental upside! Some recent interior/exterior upgrades including a new roof in 2017 as well as new gutters this year. Five of the six units have been remodeled and have all appliances and washer/ dryers. Take advantage of the rental market and own a great investment opportunity in Bellingham!

    Monthly Payment Calculator



    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 Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-20T00:17:35.337.

    www.costelloteam.com/homes/85712878

    1505 Moore St Bellingham, WA 98229

    • Price: $1,100,000
    • Status: Pending
    • ID#: 1324758
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    5,215
    SQFT
    $211
    $/SQFT
    1980
    Built
    Neighborhood:
    Bellingham
    County:
    Whatcom
    Area:
    Bellingham
    School District:
    Bellingham
    Property Description
    Solid investment, 6 unit multi-family building for sale with historically low vacancies and potential rental upside! Some recent interior/exterior upgrades including a new roof in 2017 as well as new gutters this year. Five of the six units have been remodeled and have all appliances and washer/ dryers. Take advantage of the rental market and own a great investment opportunity in Bellingham!
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Wood Products Foundation Concrete Block Garage Spaces 0 Roof Composition Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 14 Uncovered Spaces 14

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 877 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 877 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 877 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 877 Unit4 Washer Dryer Y Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 877 Unit5 Washer Dryer Y Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 877 Unit6 Washer Dryer Y Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 5.61 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 80782 Gross Rent Multiplier 13 Gross Scheduled Income 83280 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1147 Leased Items None Net Operating Income 61677 New Construction YN No Other Expenses 6319 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 5204 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 19070 Total Expenses TEX 19070 Total Monthly Income 6940 Unit1 Monthly Rent 1150 Unit2 Monthly Rent 1195 Unit3 Monthly Rent 1200 Unit4 Monthly Rent 1050 Unit5 Monthly Rent 1150 Unit6 Monthly Rent 1195 Vacancy Rate 3 Water Sewer Garbage 6400 Zoning Jurisdiction City

    Listing information © 2019 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 Costello Team | Windermere 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 Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-20T00:17:35.337.

     
    Costello Team | Windermere Real Estate
    100 116th Ave SE
    Bellevue WA, 98004
    Listing Courtesy of Muljat Group.