1518 Donovan Ave , A & B

    Bellingham, WA 98225
    • $659,000
    • STATUS: Pending Inspection
    • ON SITE: 152 days
    • ID#: 1423718
    Under Contract
    UPDATED: 59 min ago
    $659,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,208
      SQFT
    • $298
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Lakeway Realty, Inc..

    Description

    Investment opportunity Duplex with additional storage in coveted Fairhaven. Short walking distance to the beach, fine dining, shopping, & some of the best trails in the Pacific Northwest. Large three bedroom units in good condition with solid & reliable tenants. Gigantic lot with extra parking and three extra large garages. This represents an excellent way to make a good return on your investment. Plenty of room to raise rents or rent out the garages!

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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 Lucas Pinto Real Estate Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-17T22:15:20.35.

    www.lucaspintoteam.com/homes/93804774

    1518 Donovan Ave , A & B Bellingham, WA 98225

    • Price: $659,000
    • Status: Pending Inspection
    • Updated: 59 min ago
    • ID#: 1423718
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,208
    SQFT
    $298
    $/SQFT
    1977
    Built
    Neighborhood:
    Fairhaven
    County:
    Whatcom
    Area:
    Bellingham
    Elementary School:
    Lowell Elem
    Middle School:
    Fairhaven Mid
    High School:
    Sehome High
    School District:
    Bellingham
    Property Description
    Investment opportunity Duplex with additional storage in coveted Fairhaven. Short walking distance to the beach, fine dining, shopping, & some of the best trails in the Pacific Northwest. Large three bedroom units in good condition with solid & reliable tenants. Gigantic lot with extra parking and three extra large garages. This represents an excellent way to make a good return on your investment. Plenty of room to raise rents or rent out the garages!
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior StuccoWood Foundation Concrete Block Garage Spaces 3 Lot Details Corner LotDead End StreetPaved StreetSecluded Lot Dimensions 7405 Roof Composition Stories In Building 2 Style 52 - Duplex Total Parking Spaces 9 Uncovered Spaces 4 View Territorial

    Interior Features

    Floor Covering Laminate HardwoodVinyl Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 3 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1104 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 3 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1104 Unit2 Washer Dryer N Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities Storage Bank Owned No Cap Rate 5.30 Electrical Expenses 110 Energy Source Electric EPSEnergy 0 Form17 Provided Gross Adjusted Income 31200 Gross Rent Multiplier 14 Gross Scheduled Income 23400 Heating Expenses 110 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1400 Leased Items None Lot Number 1-2-3 Net Operating Income 35330 New Construction YN No Other Expenses 1000 Possession Closing Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Cob Site Features Deck Tax Amount 4000 Tax Year 2018 Terms Cash OutConventionalFHAState BondUSDAVA Third Party Approval Required None Total Expenses EXP 9070 Total Expenses TEX 9070 Total Monthly Income 1950 Unit1 Monthly Rent 975 Unit2 Monthly Rent 975 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company Cob Water Sewer Garbage 83 Water Source Community 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 Lucas Pinto Real Estate Group | Compass 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 Lucas Pinto Real Estate Group | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-17T22:15:20.35.

     
    Lucas Pinto Real Estate Group | Compass
    800 Bellevue Way NE Suite 500
    Bellevue WA, 98004
    Listing Courtesy of Lakeway Realty, Inc..