3340 Southbend Place, Bellingham, WA 98226

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Listing Broker: Congress Realty; Andrew English; ; Selling Office: Keller Williams Western Realty.

Sold Price
$1,225,000
List Price
$1,225,000
Status
SOLD
MLS#
2486567
Closing Date
Apr 10, 2026
Days on Market
2
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
3,304
Area Total SqFt
3304
Annual Tax Ammount
8081
Lot Size (sq ft)
8,148
Sewer
Sewer Connected

Property Description

Great Barkley Village Location! 4-Plex - GSI - $97,200 - $8,100 per month Cap Rate 6.30% - GRM 12.86 Tenants Pay Garbage All 2 Bedroom Units. Fully Updated. No Deferred Maintenance. Impeccable. Owner Managed. Lush Professionally Landscaped Grounds with Privacy Hedges. Situated on a quiet cul-de-sac. Contiguous to green belt. Walking distance to shopping, restaurants, Theater.

Additional Information

List Date
2026-04-08 00:00:00
Community
Bellingham
Net Operating Income
$78,781
Gross Adjusted Income
$97,200
Gross Scheduled Income
$97,200
Total Monthly Income
$8,100
Insurance Expenses
$1,767
Water/Sewer/Garbage Expenses
$3,571
Gross Rent Multiplier
12.86
Total Expenses
$18,419
Cap Rate
6.3
Total Number of Units
4
Unit Name
3340
Potential Terms
Cash, Conventional
Year Built
1996
Roof
Composition
Other Expenses
5000
Energy Source
Electric
School District
Bellingham
Total Monthly Income
$8,100
Gross Scheduled Income
$97,200
Gross Adjusted Income
$97,200
Tax Year
2026
Insurance Expense
$1,767
W/S/G Expenses
$3,571
Total Expenses
$18,419
Net Operating Income
$78,781
Gross Rent Multiplier
12.86
Cap Rate
6.3
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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