718 Cedar Street, Blaine, WA 98230

$500,000
2,113
SqFt

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Listing Broker: Windermere Real Estate Whatcom; Greg Flint; ; Selling Office: Epique Realty.

Sold Price
$500,000
List Price
$500,000
Status
SOLD
MLS#
2447680
Closing Date
Oct 31, 2025
Days on Market
1
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,113
Area Total SqFt
2113
Annual Tax Ammount
3550
Lot Size (sq ft)
10,454
Sewer
Sewer Connected

Property Description

Great duplex in good condition. 2 bed 1 bath units. New flooring and interior paint. Attached one car garages. Easy rent. $1,650 per unit, new 1 year leases tenant pays utilities.

Additional Information

List Date
2025-10-30 00:00:00
Community
Blaine
Net Operating Income
$33,750
Gross Adjusted Income
$39,600
Gross Scheduled Income
$39,600
Total Monthly Income
$3,300
Insurance Expenses
$1,500
Water/Sewer/Garbage Expenses
$200
Gross Rent Multiplier
1.2
Total Expenses
$5,850
Cap Rate
6.75
Vacancy Rate
5
Total Number of Units
2
Unit Name
718
Potential Terms
Cash Out, Conventional, Lease Purchase
Year Built
1992
Roof
Composition
Electric Expenses
100
Other Expenses
500
Energy Source
Electric
School District
Blaine
Elementary School
Blaine Elem
Middle School
Blaine Mid
High School
Blaine High
Total Monthly Income
$3,300
Gross Scheduled Income
$39,600
Vacancy Rate
5
Gross Adjusted Income
$39,600
Tax Year
2025
Insurance Expense
$1,500
W/S/G Expenses
$200
Total Expenses
$5,850
Net Operating Income
$33,750
Gross Rent Multiplier
1.2
Cap Rate
6.75
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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