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    516 Boulevard

    Bellingham, WA 98225
    • $888,000
    • STATUS: Active
    • ON SITE: 51 days
    • ID#: 1741156
    UPDATED: 60 min ago
    $888,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:
    Area:

    School Information

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

    Description

    4 Unit rental Investment Opportunity! Close to Western Washington University where Sehome Hill & South Hill meet at the Armory Building with quick access to the South Bay Trail connecting Fairhaven to Downtown Bellingham. Property consists of 2 Duplexes on one parcel of land zoned for 5 units in total. Total monthly income $4,500 payable as follows: #512 is a Studio @ $800 /mo, #514 2 Bd @ $1,100 /mo, #516 is a Studio@ $800 /mo, #518 3 bd @ $1,800 /mo. The Home located immediately to the South (510 Boulevard) is available at $488K. The Duplex located immediately to the North (520 Boulevard) is available @ $628K. Possible 10 Unit Condo site if all properties purchased. SHOWN BY APPOINTMENT ONLY -PLEASE DO NOT DISTURB THE TENANTS!

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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 Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-09T15:14:10.95.

    www.vipteamwa.com/homes/115237932
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    516 Boulevard Bellingham, WA 98225

    • Price: $888,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 1741156
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1910
    Built
    Neighborhood:
    Sehome
    County:
    Whatcom
    Area:
    Bellingham
    Elementary School:
    Lowell Elem
    Middle School:
    Fairhaven Mid
    High School:
    Sehome High
    School District:
    Bellingham
    Property Description
    4 Unit rental Investment Opportunity! Close to Western Washington University where Sehome Hill & South Hill meet at the Armory Building with quick access to the South Bay Trail connecting Fairhaven to Downtown Bellingham. Property consists of 2 Duplexes on one parcel of land zoned for 5 units in total. Total monthly income $4,500 payable as follows: #512 is a Studio @ $800 /mo, #514 2 Bd @ $1,100 /mo, #516 is a Studio@ $800 /mo, #518 3 bd @ $1,800 /mo. The Home located immediately to the South (510 Boulevard) is available at $488K. The Duplex located immediately to the North (520 Boulevard) is available @ $628K. Possible 10 Unit Condo site if all properties purchased. SHOWN BY APPOINTMENT ONLY -PLEASE DO NOT DISTURB THE TENANTS!
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features AlleyValue In Land Open Parking Spaces 0 Open Parking YN No Parking Total 2 Parking Uncovered Spaces 0 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Flooring VinylCarpet Foundation Details Block Furnished Unfurnished Heating Cooling Type Forced Air

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 54000 Insurance Expense 1168 Irrigation Water Rights YN No Leased Items None Listing Terms Cash Out Net Operating Income 45391 New Construction YN No Possible Use Multi-FamilyResidential Power Production Type ElectricNatural Gas Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckHigh Speed InternetOutbuildings Special Listing Conditions None Tax Annual Amount 7441 Tax Year 2020 Total Expenses 0 Units In Building Total 6 Utilities Cable ConnectedHigh Speed InternetSewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 0 Water Source Public Zoning Class Multi-FamilyResidential Zoning Jurisdiction City

    Listing information © 2021 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 Keller Williams Realty 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 Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-09T15:14:10.95.

     
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    Keller Williams Realty
    1029 E Main Street, Suite 201
    Puyallup WA, 98372
    Listing Courtesy of Re/Max Whatcom County, Inc..