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2328 Valencia Street

Bellingham, WA 98229
  • $935,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: 1877989
UPDATED: 26 min ago
$935,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,264
    SQFT
  • $286
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1988
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Windermere Real Estate Whatcom.

Description

Great 4-plex on a large, sunny corner lot. 2 bed/1 bath units all equipped with washer/dryers, dishwashers, large living spaces and private decks. Well maintained with newer roof, gutters and fascia boards, plus two recently remodeled units which have been nicely updated with luxury vinyl plank flooring, new lighting and interior paint. Central Bellingham location, close to shopping, restaurants, breweries and trails. Two long term tenants (over 20 years) and over 4% cap rate at current below market rents.

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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 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 2022-01-22T07:14:23.86.

www.costelloteam.com/homes/124737732
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2328 Valencia Street Bellingham, WA 98229

  • Price: $935,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 26 min ago
  • ID#: 1877989
0
Beds
0
Baths
0
½ Baths
0.2
Acres
3,264
SQFT
$286
$/SQFT
1988
Built
Neighborhood:
Alabama Hill
County:
Whatcom
Area:
Bellingham
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
School District:
Bellingham
Property Description
Great 4-plex on a large, sunny corner lot. 2 bed/1 bath units all equipped with washer/dryers, dishwashers, large living spaces and private decks. Well maintained with newer roof, gutters and fascia boards, plus two recently remodeled units which have been nicely updated with luxury vinyl plank flooring, new lighting and interior paint. Central Bellingham location, close to shopping, restaurants, breweries and trails. Two long term tenants (over 20 years) and over 4% cap rate at current below market rents.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Metal/Vinyl Lot Features Corner LotCurbsPaved Open Parking Spaces 7 Open Parking YN Yes Parking Total 7 Parking Uncovered Spaces 7 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View Territorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 3264 Fireplace YN No Flooring LaminateVinyl PlankCarpet Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Interior Features LaminateWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Electric On Property YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 38959 New Construction YN No Possession Tenant's Rights Power Company Puget Sound Energy Power Production Type Electric 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 6486 Tax Year 2022 Units In Building Total 4 Utilities Cable ConnectedHigh Speed InternetSewer ConnectedElectricity Available Water Company City Of Bellingham Water Source Public

Listing information © 2022 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 2022-01-22T07:14:23.86.

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