312 Nooksack Avenue , Lynden, WA 98264

WA, Lynden
$1,250,000
  • 3,752 Sqft
  • Residential Income Property Type
  • 2003 Year Built
  • Canceled Status
Property Description

Come see this well-maintained 4-plex with a strong financial profile in a great location! Uniquely arranged with 3-bed house + triplex on a corner lot in a cute Lynden neighborhood, creating a remarkable investment and/or house-hacking opportunity. GSI of $88,800 with NOI of $72,474 resulting in a robust self-managed cap rate of 5.98%. All triplex units are 2-bed/2-bath with 1-car garages and in-unit washer/dryer. House updates include new roof, furnace, and shower. Triplex updates include flooring, paint, appliances, and counters. Financials reflect current professional management of 7%. Tremendous 1031 option as well!

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2197746
  • Price: $1,250,000
  • View: Territorial
  • Square Footage: 3,752 Sqft
  • Year Built: 2003
  • Lot Area: 0.31 Acre
  • Status: Canceled
  • Office Name: Windermere Real Estate Whatcom
  • Agent Name: Jacson Bevens
  • Property Sub Type: Multi-Family
  • Roof: Composition
Features
  • Heating System Forced Air
  • Cooling System Forced Air
  • Exterior Features Cement Planked
  • Flooring Carpet, Laminate
  • Interior Features Wall to Wall Carpet, Forced Air, Laminate
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Whatcom
  • City Lynden
  • Zipcode 98264
  • Street: Nooksack
  • Street Number: 312
  • Street Suffix: Avenue
  • Longitude: W123° 33' 22.3''
  • Latitude: N48° 56' 55.2''
  • Directions: From Guide Meridian, east on Front St, north on 1st St, east on Grover, north on Nooksack Ave. Property on NE corner of Nooksack & Drayton.
  • Mls Area Major: 885 - Lynden
Neighborhood
  • Elementary School: Fisher Elem
  • High School: Lynden High
  • High School District: Lynden
  • Middle School: Lynden Mid
Additional Information
  • Lot Size Dimensions: 15' x 89'
  • Water Source: Public
  • Stories Total: 2
  • Possible Use: Multi-Family
  • On Market Date: 2024-02-07
  • Number Of Units Total: 4
  • Lot Features: Paved, Curbs, Sidewalk, Alley, Corner Lot
  • Foundation Details: Block
Financial
  • Tax Annual Amount: 6358
Listing Information
  • List Agent Mls Id: 111532
  • List Office Mls Id: 9110
  • Listing Term: Cash Out,Conventional,FHA
  • Mls Status: Cancelled
  • Modification Timestamp: 2024-03-29T18:12:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-03-29T17:46:44Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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