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5169 Anderson Road

Blaine, WA 98230
  • $360,000
  • STATUS: Sold
  • ON SITE: 56 days
  • ID#: 1760246
Sold - 06/11/2021
$360,000
SOLD - 06/11/2021
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1967
County:

School Information

Middle School:
High School:
School District:
Listing Courtesy of John L Scott Bellingham.

Description

Cottage style duplex by the beach! Walking distance from Birch Bay on a quiet street, these nice units make a great investment, OR ideal for live-in one and let other unit pay most of your mortgage. Features private decks, shared washer/dryer (easy ability to add a 2nd private set), shared backyard & garden shed. Open & functional layouts. Well maintained building with recent work done that includes crawl space work, fresh exterior paint, plus 4 new vinyl windows (2 still being install prior to closing). Current cap rate of 5.2% with rents well below market (upside of 6-7% cap rate at market). One long term renter and 2nd unit will be vacant soon to bring in new renter or move right in!

Listing by Paul Balzotti. Sold by Nexthome Preview Properties.

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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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-16T15:14:44.243.

www.nwhomeexperts.com/homes/116302925
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5169 Anderson Road Blaine, WA 98230

  • Price: $359,500
  • Status: Sold
  • Updated: 55 min ago
  • ID#: 1760246
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1967
Built
Neighborhood:
Birch Bay
County:
Whatcom
Area:
Blaine/Birch Bay
Middle School:
Blaine Mid
High School:
Blaine High
School District:
Blaine
Property Description
Cottage style duplex by the beach! Walking distance from Birch Bay on a quiet street, these nice units make a great investment, OR ideal for live-in one and let other unit pay most of your mortgage. Features private decks, shared washer/dryer (easy ability to add a 2nd private set), shared backyard & garden shed. Open & functional layouts. Well maintained building with recent work done that includes crawl space work, fresh exterior paint, plus 4 new vinyl windows (2 still being install prior to closing). Current cap rate of 5.2% with rents well below market (upside of 6-7% cap rate at market). One long term renter and 2nd unit will be vacant soon to bring in new renter or move right in!
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Paved Open Parking Spaces 4 Open Parking YN Yes Parking Total 4 Parking Uncovered Spaces 4 Roof Flat Structure Type Duplex Style Code 52 - Duplex View YN No Waterfront YN No

Interior Features

Fireplace YN No Flooring Vinyl Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Forced AirWall Heating YN Yes

Property Features

Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 23700 Insurance Expense 655 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalFhaState BondUsda LoanVa Loan Net Operating Income 18736 New Construction YN No Possible Use Residential Power Production Type ElectricPropane Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features DeckFenced-PartiallyHigh Speed InternetOutbuildings Special Listing Conditions None Tax Annual Amount 1909 Tax Year 2021 Total Expenses 4964 Units In Building Total 2 Utilities High Speed InternetSewer ConnectedElectricity AvailablePropane Water Sewer Garbage 2400 Water Source Public Zoning Class Residential Zoning Jurisdiction County

Listing information © 2021 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 NW Home Experts 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 NW Home Experts are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-16T15:14:44.243.

 
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NW Home Experts
2211 Elliott Avenue Suite 200
Seattle WA, 98121
Listing Courtesy of John L Scott Bellingham.