1461 James Street, Bellingham, WA 98225

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Listing Broker: Kelly Right RE of Seattle LLC; Crystal Hawkins; ; Selling Office: Kelly Right RE of Seattle LLC.

Sold Price
$800,000
List Price
$800,000
Status
SOLD
MLS#
2529683
Closing Date
May 26, 2026
Days on Market
0
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,146
Area Total SqFt
2146
Annual Tax Ammount
5668
Internet Provider
Xfinity
Lot Size (sq ft)
6,534
Sewer
Available

Property Description

Sold Off Market to Tenant via right of first refusal

Additional Information

List Date
2026-05-26 00:00:00
Community
York
Net Operating Income
$50,635
Gross Adjusted Income
$51,907
Gross Scheduled Income
$62,328
Total Monthly Income
$5,650
Insurance Expenses
$1,800
Water/Sewer/Garbage Expenses
$2,124
Gross Rent Multiplier
12.58
Total Expenses
$13,792
Cap Rate
6.33
Vacancy Rate
2
Total Number of Units
3
Unit Name
1461
Potential Terms
VA Loan
Year Built
1900
Roof
Composition
Site Features
Fenced-Partially, Gas Available, High Speed Internet, Propane
Electric Expenses
2100
Energy Source
Electric, Propane
School District
Bellingham
Elementary School
Lowell Elem
Middle School
Fairhaven Mid
High School
Sehome High
Total Monthly Income
$5,650
Gross Scheduled Income
$62,328
Vacancy Rate
2
Gross Adjusted Income
$51,907
Tax Year
2026
Insurance Expense
$1,800
W/S/G Expenses
$2,124
Total Expenses
$13,792
Net Operating Income
$50,635
Gross Rent Multiplier
12.58
Cap Rate
6.33
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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