1401 Lakeway Drive, Bellingham, WA 98229
- $719,000
- 1,614
- SqFt
Listing courtesy of Redfin.
- List Price
- $719,000
- Status
- ACTIVE
- MLS#
- 2299285
- Days on Market
- 4
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,614
- Area Total SqFt
- 1614
- Annual Tax Ammount
- 5120
- Lot Size (sq ft)
- 6,098
- Sewer
- Sewer Connected
Property Description
Don't miss this beautifully-upgraded duplex w/ long and short term rental options, 2-car garage, shed, ample off-street parking, rooftop deck and more! Upper Unit (A) boasts plush carpeting in the spacious living room w/ cozy gas fireplace and ample natural light. Good-size kitchen w/ updated granite counters and tile backsplash, 2 spacious bedrooms, full bath w/ modern flooring, private yard w/ deck and firepit area. Lower Unit (B) features a fully-furnished layout w/ new fridge, private yard, lovely vinyl flooring, 2 bedrooms and full bath. Storage shed w/ income potential (current rent $300/month), parking pad, great location near amenities and easy access to commuter routes. $10,000 towards buyer's closing costs.
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Additional Information
- List Date
- 2024-10-12 03:41:09
- Community
- Puget
- Net Operating Income
- $40,326
- Gross Adjusted Income
- $46,960
- Gross Scheduled Income
- $52,080
- Total Monthly Income
- $4,490
- Insurance Expenses
- $1,194
- Water/Sewer/Garbage Expenses
- $120
- Gross Rent Multiplier
- 14.4
- Total Expenses
- $6,634
- Cap Rate
- 5.38
- Total Number of Units
- 2
- Unit Name
- 1401
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1922
- View
- Mountain(s), Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Dog Run, Electric Car Charging, Fenced-Fully, High Speed Internet, Outbuildings, Rooftop Deck, RV Parking, Shop
- Electric Expenses
- 150
- Other Expenses
- 50
- 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
- $4,490
- Gross Scheduled Income
- $52,080
- Gross Adjusted Income
- $46,960
- Tax Year
- 2023
- Insurance Expense
- $1,194
- W/S/G Expenses
- $120
- Total Expenses
- $6,634
- Net Operating Income
- $40,326
- Gross Rent Multiplier
- 14.4
- Cap Rate
- 5.38
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.