1234 Grant Street, Bellingham, WA 98225
- $725,000
- 1,632
- SqFt
Listing Broker: BHHS Bayside Realty; Chris Farkas; ; Selling Office: Better Properties NorthSeattle.
- Sold Price
- $725,000
- List Price
- $725,000
- Status
- SOLD
- MLS#
- 2430810
- Closing Date
- Jan 20, 2026
- Days on Market
- 97
- Style
- 52 - Duplex
- Finished SqFt
- 1,632
- Area Total SqFt
- 1632
- Annual Tax Ammount
- 5106
- Lot Size (sq ft)
- 4,356
- Sewer
- Sewer Connected
Property Description
Updated turn of the century duplex in the Historic York neighborhood. Rent out both units or live in one & rent the other. The 3 bedroom lower unit & 2 bedroom upper unit are highly desirable & provided years of near zero vacancy rent. Rebuilt garage & 3 off-street/alley parking spots. Potential for another unit in the 442 sqft garage with electric & plumbed for water. Newer main roof & gutters, plus newer hot water heaters, appliances, vinyl flooring & paint. Brand new shed roof. Washer & dryer conveniently located on back porch utility room. Utilities individually metered. Rental income based on current market rents. Walking distance to WWU makes this an excellent college rental. Close to parks & centrally located to downtown Bellingham.
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Additional Information
- List Date
- 2025-10-15 00:00:00
- Community
- York
- Net Operating Income
- $41,580
- Gross Adjusted Income
- $42,000
- Gross Scheduled Income
- $30,300
- Total Monthly Income
- $3,500
- Insurance Expenses
- $723
- Water/Sewer/Garbage Expenses
- $2,113
- Gross Rent Multiplier
- 17.83
- Total Expenses
- $11,824
- Cap Rate
- 4
- Vacancy Rate
- 1
- Total Number of Units
- 2
- Unit Name
- 1234
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1910
- Roof
- Composition, Torch Down
- Site Features
- Cable TV, Fenced-Partially, Gas Available, High Speed Internet
- Electric Expenses
- 15
- Other Expenses
- 3504
- Energy Source
- Electric, Natural Gas
- School District
- Bellingham
- Elementary School
- Lowell Elem
- Middle School
- Fairhaven Mid
- High School
- Sehome High
- Total Monthly Income
- $3,500
- Gross Scheduled Income
- $30,300
- Vacancy Rate
- 1
- Gross Adjusted Income
- $42,000
- Tax Year
- 2025
- Insurance Expense
- $723
- W/S/G Expenses
- $2,113
- Total Expenses
- $11,824
- Net Operating Income
- $41,580
- Gross Rent Multiplier
- 17.83
- Cap Rate
- 4
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