Bought with Redfin
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Key Details
Sold Price $765,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,760 sqft
Price per Sqft $434
Subdivision South Hill
MLS Listing ID 2393869
Sold Date 09/25/25
Style 52 - Duplex
Bedrooms 4
Year Built 1972
Annual Tax Amount $7,265
Lot Size 6,534 Sqft
Lot Dimensions 55'x125'
Property Sub-Type Multi Family
Property Description
You didn't imagine your investment property looking like this, huh? A South Hill duplex feat sunset views of the bay, city, + islands that's centered btw downtown, Fairhaven, + WWU creates an attractive location for renters + owner-occupants alike. Upper unit has 2 beds, 1.75 baths, vaulted ceilings, + a kitchen/living/dining area that opens onto expansive west-facing deck. Lower unit has 2 beds, 3/4 bath, + patio, w/ both levels offering in-unit laundry. 4 total parking spots incl carport w/ 2 storage lockers. Bolstered by low expenses, the strong 5.3% cap rate can be improved even further by bringing lower unit rents up to market or, use lower rent to subsidize while living upstairs. A trinity of location, appeal, + financial opportunity!
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Flooring Ceramic Tile, Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Cable TV, Deck, Gas Available, High Speed Internet, Outbuildings
View Y/N Yes
View Bay, City, Mountain(s), Ocean, Sound
Roof Type Composition
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Lowell Elem
Middle Schools Fairhaven Mid
High Schools Sehome High
School District Bellingham
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, VA Loan
Listing Terms Cash Out, Conventional, VA Loan
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