1120 N Forest St

    Bellingham, WA 98225
    • $625,000
    • STATUS: Pending
    • ON SITE: 46 days
    • ID#: 1342923
    Under Contract
    UPDATED: 60 min ago
    $625,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,458
      SQFT
    • $254
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Keller Williams Western Realty.

    Description

    Downtown Bellingham Mulit fam, 3 units. Also zoned RT-1 for high density housing, & office space. 2 story front unit includes sun porch, 2 bedroom, 1 bathroom, living room with fireplace & kitchen upstairs & 2 bedroom,.75 bathroom with a 2nd kitchen downstairs. Open courtyard between buildings. Back building has alley access has 2 units. Unit A has 1 bedroom, 1 bathroom, living room, storage room & kitchen with eating space. Unit B is a studio with kitchen & .75 bathroom. Convert it to a 4 plex?

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-25T08:14:32.28.

    www.homesonthesound.com/homes/86415405

    1120 N Forest St Bellingham, WA 98225

    • Price: $625,000
    • Status: Pending
    • Updated: 60 min ago
    • ID#: 1342923
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,458
    SQFT
    $254
    $/SQFT
    1925
    Built
    Neighborhood:
    Bellingham
    County:
    Whatcom
    Area:
    Bellingham
    School District:
    Bellingham
    Property Description
    Downtown Bellingham Mulit fam, 3 units. Also zoned RT-1 for high density housing, & office space. 2 story front unit includes sun porch, 2 bedroom, 1 bathroom, living room with fireplace & kitchen upstairs & 2 bedroom,.75 bathroom with a 2nd kitchen downstairs. Open courtyard between buildings. Back building has alley access has 2 units. Unit A has 1 bedroom, 1 bathroom, living room, storage room & kitchen with eating space. Unit B is a studio with kitchen & .75 bathroom. Convert it to a 4 plex?
    Exterior Features

    Carport Spaces 0 Exterior Wood Garage Spaces 0 Roof Composition Stories In Building 2 Style 53 - Tri-plex Total Parking Spaces 9 Uncovered Spaces 9

    Interior Features

    Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling BaseboardWall Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1477 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Sq Ft 600 Unit3 Bathrooms 0.75 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Refrigerator Y Unit3 Sq Ft 381 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 4.40 Electrical Expenses 23 Energy Source Electric EPSEnergy 0 Form17 Provided Gross Adjusted Income 27900 Gross Rent Multiplier 16 Gross Scheduled Income 37200 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1005 Leased Items None Net Operating Income 27900 New Construction YN No Other Expenses 720 Possession ClosingSub. Tenant's Rights Power Company Puget Sound Energy Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Bellingham Tax Amount 4385 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 9175 Total Expenses TEX 9175 Total Monthly Income 3100 Unit1 Monthly Rent 1800 Unit2 Monthly Rent 650 Unit3 Monthly Rent 650 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 1 Water Company City Of Bellingham Water Sewer Garbage 3042 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Homes on the Sound and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-25T08:14:32.28.

     
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    Listing Courtesy of Keller Williams Western Realty.