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!
Sold
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
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#: 2012208

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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