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  • Listed by: 

    Rom Hirss,

    COMPASS,

    Galen Hirss,

    COMPASS

    $475,000

    540 2nd Street #A, Sumas, WA 98295

    --beds
    --baths
    3,164sqft
    Quadruplex
    Built in 1979
    -- sqft lot
    $586,400 Zestimate®
    $150/sqft
    $1,907 Estimated rent

    What's special

    One of the best CAP rates in Whatcom County at 7.2%! Recently renovated 4-plex on quiet dead-end street in Sumas. Minutes to the US/Canadian border. Current owner has updated interiors of bottom two units with brand new everything, currently rented to reliable tenants. Two story building with four, two bedroom, one bath units. Washer and Dryer in each unit. Great location and a great addition to an investment portfolio. GSI is $44,400 a year with room for improvement. Bottom units rented for $1,100 & $1,050 a month and top units for $800 & $750 a month!

    Zillow last checked: 7 hours ago

    Listing updated: September 05, 2024 at 05:46am

    Listed by:

    Rom Hirss,

    COMPASS,

    Galen Hirss,

    COMPASS

    Bought with:

    Gertrude James, 136148

    Keller Williams Western Realty

    Source: NWMLS,MLS#: 2012208MLS Logo

    Facts & features

    Interior

    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,164
    • Total interior livable area: 3,164 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Open
    • Uncovered spaces: 8
    Features
    • Has view: Yes
    • View description: Mountain(s), Territorial
    Lot
    • Size: 8,868 sqft
    Details
    • Parcel number: 4104350922130000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Metal/Vinyl, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Year built: 1979

    Utilities & green energy

    • Electric: Company: City of Sumas
    • Sewer: Sewer Connected, Company: City of Sumas
    • Water: Public, Company: City of Sumas

    Community & neighborhood

    Location
    • Region: Sumas
    • Subdivision: Sumas

    Other

    Other facts
    • Listing terms: Cash Out,Conventional,FHA,USDA Loan,VA Loan
    • Cumulative days on market: 871 days
    Services availability
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