413 & 415 W Front Street, Lynden, WA 98264

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Listing Broker: Muljat Group; Jerry L. Blankers; 360-410-1297; jerry@jerryblankers.com

List Price
$1,895,000
Status
ACTIVE
MLS#
2593190
Days on Market
0
Annual Tax Ammount
5937.69

Property Description

Prime downtown Lynden mixed use building with established tenants. Two established businesses on the main floor fronting Front Street as well as 8 residential apartments upstairs and additional storage space rentals in the basement. Located on Front Street in the middle of downtown Lynden with the rear of the building fronting Judson Street. Roofing is TPO put down in 2 years ago, heating is ductless mini splits on the main floor and natural gas forced air upstairs. Hot water is central hot water system servicing the building.

Additional Information

Community
Lynden
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
1906
Roof
See Remarks
Tax Year
2025
Potential Terms
Cash, Conventional
Flooring
Laminate, Vinyl, Carpet
Driving Directions
Located in the middle of downtown Lynden. Use GPS.
Electric Expenses
3364
Other Expenses
9763
Energy Source
Electric, Natural Gas
Net Operating Income
$111,635
Gross Adjusted Income
$149,250
Gross Scheduled Income
$149,250
Water/Sewer/Garbage Expenses
$12,022
Cap Rate
6
Total Expenses
$37,615
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.
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