1125 Otis Street, Bellingham, WA 98225
- $1,177,500
- 4,508
- SqFt
Listing Broker: Keller Williams Western Realty; John W Ramsey; ; Selling Office: Inspire Realty.
- Sold Price
- $1,177,500
- List Price
- $1,150,000
- Status
- SOLD
- MLS#
- 2448187
- Closing Date
- Dec 16, 2025
- Days on Market
- 8
- Style
- 54 - 4-Plex
- Finished SqFt
- 4,508
- Area Total SqFt
- 4508
- Annual Tax Ammount
- 9822
- Internet Provider
- Comcast
- Lot Size (sq ft)
- 12,197
- Sewer
- Sewer Connected
Property Description
Bellingham fourplex for sale off Samish Way, ideal for investors or owner-occupants seeking stable, low-maintenance income. Each of the four 2-bedroom, 1-bath units features the same efficient floor plan, in-unit washer and dryer, as well as range/oven, refrigerator, dishwasher, microwave, garbage disposal, deck, and private indoor entry off shared hallway. Two units on the main level and two upstairs. The property is fenced on three sides. Residents enjoy beautiful landscaping, eight off-street parking spaces, and a walkable location near local restaurants, shopping, bus routes, and Western Washington University. Well cared-for and conveniently situated between York and Sehome neighborhoods. View with discretion. Inquire for more details.
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Additional Information
- List Date
- 2025-12-08 00:00:00
- Community
- York
- Net Operating Income
- $62,944
- Gross Adjusted Income
- $78,792
- Gross Scheduled Income
- $80,400
- Total Monthly Income
- $6,700
- Insurance Expenses
- $2,606
- Water/Sewer/Garbage Expenses
- $3,420
- Gross Rent Multiplier
- 14.3
- Total Expenses
- $15,848
- Cap Rate
- 5.47
- Vacancy Rate
- 2
- Total Number of Units
- 4
- Unit Name
- 1125
- Potential Terms
- Cash Out, Conventional, VA Loan
- Year Built
- 1993
- Roof
- Composition
- Site Features
- Outbuildings, RV Parking
- Energy Source
- Electric, Natural Gas
- School District
- Bellingham
- Total Monthly Income
- $6,700
- Gross Scheduled Income
- $80,400
- Vacancy Rate
- 2
- Gross Adjusted Income
- $78,792
- Tax Year
- 2025
- Insurance Expense
- $2,606
- W/S/G Expenses
- $3,420
- Total Expenses
- $15,848
- Net Operating Income
- $62,944
- Gross Rent Multiplier
- 14.3
- Cap Rate
- 5.47
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.