5 plex investment property, 6% CAP rate. Located between Trader Joes & Alabama hill off Alabama. Reliable long term tenants, Solid & well maintained house. All units but 1 in excellent shape 1 unit will need new paint & carpeting. Lg parking lot. Vinyl siding. All units have sliding glass doors w/garden area for each tenant. Asphalt shingle roof (needs to be replaced within 2-4 years but roof only has 1 layer of shingles. (A second layer can be added without removing the first layer, reducing the cost of a new roof). 2 units are 2 bedroom, 3 are 1 bedroom units. All units have wash & dry. 6 parking spaces + 4 carports. Zero vacancy for last 6yrs. Cap rate 6.01%
Sold
Listed by:
Chris C. Nye,
MLS4owners.com
$1,040,000
2411 Yew Street, Bellingham, WA 98229
--beds
--baths
2,944sqft
Multi Family
Built in 1977
-- sqft lot
$1,096,900 Zestimate®
$353/sqft
$1,694 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 05, 2024 at 05:46am
Listed by:
Chris C. Nye,
MLS4owners.com
Bought with:
Molly Dzwowa, 136391
Petz Real Estate
Source: NWMLS,MLS#: 2010894

Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Features
- Has fireplace: No
Interior area
- Total structure area: 2,944
- Total interior livable area: 2,944 sqft
Property
Parking
- Total spaces: 9
- Parking features: Open
- Carport spaces: 4
- Uncovered spaces: 5
Lot
- Size: 0.35 Acres
- Features: Corner Lot
Details
- Parcel number: 3803205540470000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal/Vinyl
- Roof: See Remarks
Condition
- Year built: 1977
Utilities & green energy
- Sewer: Sewer Connected
- Utilities for property: Sewer Connected, Electric
Community & neighborhood
Location
- Region: Bellingham
- Subdivision: Bellingham
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 931 days
Services availability

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