403-/405 N State St

    Bellingham, WA 98225
    • $1,650,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: 1491619
    $1,650,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,036
      SQFT
    • $810
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Re/Max Whatcom County, Inc..

    Description

    South Hill duplex with 360 degree unobstructed bay views from both units! Both are 2bd/1ba w/all appliances included and cozy wood fireplaces. Equally Large sweeping decks overlooking Bellingham Bay make for exceptional dining or entertaining. Property has been proposed for Developing a 7-8 Unit Condo/Apartment Building due to it's value in land. Development plans maintain Bay Views for each unit with potential for penthouse apartment at top level and covered parking below grade.

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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 2019-09-17T00:15:22.45.

    www.lucaspintoteam.com/homes/97052548

    403-/405 N State St Bellingham, WA 98225

    • Price: $1,650,000
    • Status: Active
    • ID#: 1491619
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    2,036
    SQFT
    $810
    $/SQFT
    1954
    Built
    Neighborhood:
    South 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
    South Hill duplex with 360 degree unobstructed bay views from both units! Both are 2bd/1ba w/all appliances included and cozy wood fireplaces. Equally Large sweeping decks overlooking Bellingham Bay make for exceptional dining or entertaining. Property has been proposed for Developing a 7-8 Unit Condo/Apartment Building due to it's value in land. Development plans maintain Bay Views for each unit with potential for penthouse apartment at top level and covered parking below grade.
    Exterior Features

    Building Condition Good Carport Spaces 1 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details AlleyPaved StreetValue In Land Roof Flat Stories In Building 2 Style 52 - Duplex Total Parking Spaces 5 Uncovered Spaces 4 View BayCityOcean

    Interior Features

    Floor Covering HardwoodVinyl Heating And Cooling Hot Water Recirc Pump Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1002 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1050 Unit2 Washer Dryer Y 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 Y

    Property Features

    Amenities Thermal Windows Bank Owned No Cap Rate 1.60 Electrical Expenses 0 Energy Source ElectricWood EPSEnergy 0 Form17 Provided General Zoning Classification Multi-FamilyResidential Gross Adjusted Income 34800 Gross Rent Multiplier 47 Gross Scheduled Income 34800 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 900 Leased Items None Lot Number 9 Net Operating Income 27327 New Construction YN No Other Expenses 250 Possession ClosingSee RemarksSub. Tenant's Rights Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Cob Site Features Cable TVDeckHigh Speed Internet Tax Amount 5573 Tax Year 2019 Terms Cash OutConventionalSee Remarks Third Party Approval Required None Total Expenses EXP 7473 Total Expenses TEX 7473 Total Monthly Income 34800 Unit1 Monthly Rent 1450 Unit2 Monthly Rent 1450 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 750 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 2019-09-17T00:15:22.45.

     
    Lucas Pinto Real Estate Group | Compass
    800 Bellevue Way NE Suite 500
    Bellevue WA, 98004
    Listing Courtesy of Re/Max Whatcom County, Inc..