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719 N Garden Street

Bellingham, WA 98225
  • $1,285,000
  • STATUS: Pending
  • ON SITE: 47 days
  • ID#: 1764880
Under Contract
UPDATED: 94 min ago
$1,285,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1930
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Courtesy of Keller Williams Western Realty.

Description

This impeccably maintained craftsman tri-plex is conveniently located directly across from WWU. This is a perfect location!! GSI of $85,000 is $25,000 to $30,000 higher than current tri-plex or fourplex listings. Trash paid by tenants directly to SSC, resulting in $1,800+ in Owner-savings per year. Coin laundry on-site adds an add'l $1,800 per year in income. Tri-plex leases easily due to location, never had a vacancy. All units are leased thru summer 2022! Each Unit has one Master Lease with a co-signer for each tenant. Same Owner for 20+ years has completed extensive renovations. Loads of old charm and character with 9 ft. ceilings, built-in cabinetry, bay windows, pediments, and moldings. Front covered rocking chair porch, bay views.

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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 Shook Home Group | Keller Williams Tacoma are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-17T00:14:24.02.

www.shookhomegroup.com/homes/116652157
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719 N Garden Street Bellingham, WA 98225

  • Price: $1,285,000
  • Status: Pending
  • Updated: 94 min ago
  • ID#: 1764880
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1930
Built
Neighborhood:
South Hill
County:
Whatcom
Area:
Bellingham
Elementary School:
Lowell Elem
Middle School:
Fairhaven Mid
High School:
Sehome High
School District:
Bellingham
Property Description
This impeccably maintained craftsman tri-plex is conveniently located directly across from WWU. This is a perfect location!! GSI of $85,000 is $25,000 to $30,000 higher than current tri-plex or fourplex listings. Trash paid by tenants directly to SSC, resulting in $1,800+ in Owner-savings per year. Coin laundry on-site adds an add'l $1,800 per year in income. Tri-plex leases easily due to location, never had a vacancy. All units are leased thru summer 2022! Each Unit has one Master Lease with a co-signer for each tenant. Same Owner for 20+ years has completed extensive renovations. Loads of old charm and character with 9 ft. ceilings, built-in cabinetry, bay windows, pediments, and moldings. Front covered rocking chair porch, bay views.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features WoodWood Products Lot Features AlleyCurbsPavedSidewalk Open Parking Spaces 7 Open Parking YN Yes Parking Total 7 Parking Uncovered Spaces 7 Roof Composition Structure Type Triplex Style Code 53 - Tri-Plex View YN Yes Waterfront YN No

Interior Features

Fireplace YN No Flooring VinylCarpet Foundation Details Post & BlockPoured ConcreteSlab Furnished Unfurnished Heating Cooling Type Forced Air

Property Features

Association Fee 0 Association Fee Frequency Annually Building Name Forest Park Plat Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 85200 Insurance Expense 1268 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Lot Number Sw 50' Of The Ne 52' Of Lot 9 Net Operating Income 71623 New Construction YN No Possible Use Multi-Family Power Production Type ElectricNatural Gas Property Condition Very Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckFenced-PartiallyGas AvailableHigh Speed InternetPatio Special Listing Conditions None Tax Annual Amount 8406 Tax Year 2020 Total Expenses 13577 Units In Building Total 3 Utilities Cable ConnectedHigh Speed InternetNatural Gas AvailableSewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 1903 Water Source Public Zoning Class Multi-Family 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 Shook Home Group | Keller Williams Tacoma 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 Shook Home Group | Keller Williams Tacoma are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-17T00:14:24.02.

 
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Shook Home Group | Keller Williams Tacoma
7525 28th St W
University Place WA, 98466
Listing Courtesy of Keller Williams Western Realty.