Bought with Bay Properties - Semiahmoo
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Key Details
Sold Price $480,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,596 sqft
Price per Sqft $300
Subdivision Blaine
MLS Listing ID 2029800
Sold Date 05/02/23
Style 52 - Duplex
Year Built 1976
Annual Tax Amount $2,148
Lot Size 7,405 Sqft
Property Description
Stunning duplex in the heart of Blaine just a short drive to Canada or to Bellingham. Perfect for that investor looking for a cash-flowing property or great for that first-time home buyer looking to move in this summer. Each side of the property is 2 bed 1 bath and is currently rented out for over $1,400 a month. Each unit is equipped with a washer/ dryer so no need for going to the laundry mat. Tenants enjoy plenty of parking with 3 spots per side. With a cap rate of over 5 percent, this one is not going to last long. Each side has tenants that are paying market value and want to stay.
Location
State WA
County Whatcom
Area 880 - Blaine/Birch Bay
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Stucco
Amenities Available Cable TV, Patio
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Blaine
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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