Bought with John L. Scott Bellingham
$850,000
$899,999
5.6%For more information regarding the value of a property, please contact us for a free consultation.
2,628 SqFt
SOLD DATE : 07/15/2025
Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,628 sqft
Price per Sqft $323
Subdivision Lynden
MLS Listing ID 2321078
Sold Date 07/15/25
Style 52 - Duplex
Year Built 2019
Annual Tax Amount $4,412
Lot Size 8,276 Sqft
Property Sub-Type Multi Family
Property Description
Modern Duplex built in 2019, ideally situated in the heart of Lynden, only a five minute drive from downtown and a short walk to Lynden High School. This thoughtfully designed property offers modern finishes and has been very well maintained, with no pets being allowed during the lifetime of the property. Each unit is 2 stories, 3 beds, 2.25 baths, and offers a 1 car garage for unit A and 2 car garage for unit B. Units are always occupied with long term tenants, the 3% vacancy rate is only because of last two months unit A was purposely kept vacant to allow for showings once on the market. Cap Rate is %4.88 once Unit A is rented at $2250.
Location
State WA
County Whatcom
Area 885 - Lynden
Interior
Flooring Laminate, Carpet
Fireplace false
Exterior
Exterior Feature Stucco
View Y/N No
Roof Type Composition
Building
Lot Description Cul-De-Sac, Dead End Street
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Lynden Mid
High Schools Lynden High
School District Lynden
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA
Listing Terms Cash Out, Conventional, FHA
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