Easy to own duplex investment opportunity at a profitable 6.5% Cap Rate. No shared wall - this is like two detached houses joined by a carport. Both units are 2 Br/1 bath with fenced yards and in-unit laundry. Owned by local contractor and in excellent condition. Neighboring triplex is also available for $393,000. Buy both and own a unique complex, and because they are on separate parcels this is a way to own a five-plex and still get conventional financing.
Sold for $415,000 on 01/06/23
$415,000
2608 Alabama St, Bellingham, WA 98229
--beds
1baths
1,724sqft
MultiFamily
Built in 1984
-- sqft lot
$608,400 Zestimate®
$241/sqft
$2,186 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
Heating
- Baseboard, Electric
Features
- Flooring: Other
- Basement: Unfinished
Interior area
- Total interior livable area: 1,724 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport
Features
- Exterior features: Wood
Lot
- Size: 7,187 sqft
Details
- Parcel number: 3803210790770000
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Concrete
- Roof: Composition
Condition
- Year built: 1984
Community & neighborhood
Location
- Region: Bellingham