Bought with Windermere Real Estate Whatcom
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Key Details
Sold Price $785,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,046 sqft
Price per Sqft $257
Subdivision Lynden
MLS Listing ID 2207492
Sold Date 04/22/24
Style 52 - Duplex
Year Built 2002
Annual Tax Amount $5,163
Lot Size 9,148 Sqft
Property Description
Tremendous investment opportunity located in the heart of Lynden. Nice residential neighborhood, great condition, & solid cap rate of 5.16. You'll be hard pressed to find a better product for your investment portfolio. Newer exterior paint w/low maintenance Hardie Siding. Major refresh in unit B for 2022, new carpeting, interior paint, blinds, led lighting & beautiful LG appliances. Each unit has their own 2 car garage, fully fenced private backyards, and patios. Identical spacious floor plans include 3 large bedrooms, 2 full baths, one 1/2 bath, plus over 1500sqft. Main floor primary w/lg walk-in closets & oversized soaker tub/shower. The second & third bedrooms are upstairs along with the second full bath. Tenant pays all utilities.
Location
State WA
County Whatcom
Area 885 - Lynden
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Brick, Cement Planked
Amenities Available Cable TV, Fenced-Partially, High Speed Internet, Patio
Waterfront No
View Y/N Yes
View Mountain(s), Territorial
Roof Type Composition
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Vossbeck Elem
Middle Schools Lynden Mid
High Schools Lynden High
School District Lynden
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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