200 8th Street, Lynden, WA 98264
- $825,000
Listing Broker: WestCom Properties Inc.; Brian J. Finnegan; ; Selling Office: WestCom Properties Inc..
- Sold Price
- $825,000
- List Price
- $895,000
- Status
- SOLD
- MLS#
- 2398878
- Closing Date
- Oct 25, 2025
- Days on Market
- 46
- Style
- 55 - 5-9 Units
- Annual Tax Ammount
- 4728
- Lot Size (sq ft)
- 9,147
- Sewer
- Available
- Bank Owned
- Yes
Property Description
Great location on the edge of Downtown Lynden High demand 1/bedroom 1/bathroom units Newer roof Recent unit “turns” Walking distance to shops and restaurants Tons of parking On-Site laundry for additional income Future upside in rents and utility reimbursements. *Please note the seller is a licensed Real Estate Agent in the State of Washington
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Additional Information
- List Date
- 2025-09-09 00:00:00
- Community
- Lynden
- Net Operating Income
- $45,111
- Gross Adjusted Income
- $72,581
- Gross Scheduled Income
- $75,000
- Total Monthly Income
- $6,367
- Insurance Expenses
- $2,835
- Water/Sewer/Garbage Expenses
- $5,251
- Gross Rent Multiplier
- 13.27
- Total Expenses
- $27,470
- Cap Rate
- 4.93
- Vacancy Rate
- 5
- Total Number of Units
- 5
- Unit Name
- 200
- Potential Terms
- Conventional
- Year Built
- 1976
- Roof
- Composition
- Electric Expenses
- 577
- Other Expenses
- 14079
- Energy Source
- Electric
- School District
- Lynden
- Total Monthly Income
- $6,367
- Gross Scheduled Income
- $75,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $72,581
- Tax Year
- 2024
- Insurance Expense
- $2,835
- W/S/G Expenses
- $5,251
- Total Expenses
- $27,470
- Net Operating Income
- $45,111
- Gross Rent Multiplier
- 13.27
- Cap Rate
- 4.93
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.