2519 (& 2521) Xenia Street, Bellingham, WA 98225

$820,000
1,824
SqFt

Listing courtesy of RE/MAX Whatcom County, Inc.. Selling Office: RE/MAX Whatcom County, Inc..

Sold Price
$820,000
List Price
$775,379
Status
SOLD
MLS#
1936637
Closing Date
Jun 10, 2022
Days on Market
5
Style
52 - Duplex
Finished SqFt
1,824
Area Total SqFt
1824
Lot Size (sq ft)
7,405

Property Description

INVESTOR'S DREAM! Rare opportunity to own a beautiful, FULLY remodeled VACANT duplex in the heart of Bellingham. Each unit has two bedrooms and two bathrooms and is 912 sf. Duplex has new cement board siding, new laminate flooring, new maple soft-closing cabinets and drawers, new quartz countertops in bathrooms and kitchens, new stainless steel appliances, new plumbing fixtures throughout, new exterior doors, new light fixtures, new furnace in lower unit, new paint inside and out, and newer roof. Full-sized washer and dryer in each unit stay. Fully fenced with new landscaping and mature fruit trees. Five parking spaces. Great walkability to popular grocery stores (Trader Joe's), transit lines and ample outdoor recreational activities.

Additional Information

List Date
2022-06-05 00:00:00
Community
Bellingham
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1996
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking
Heating/Cooling Type
Forced Air
Other Expenses
500
Energy Source
Electric, Natural Gas
School District
Bellingham
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,700
Gross Scheduled Income
$44,400
Vacancy Rate
100
Gross Adjusted Income
$44,400
Tax Year
2022
Insurance Expense
$1,000
W/S/G Expenses
$3,000
Total Expenses
$8,418
Net Operating Income
$35,982
Gross Rent Multiplier
17.5
Cap Rate
4.6
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