2304 Michigan Street # A & B Bellingham, WA $ 765,000
2304 Michigan Street # A & B
$ 765,000
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2304 Michigan Street # A & B

Bellingham, WA, 98229
$ 765,000
Baths0.0 Sq 2,416

Monthly Estimate*

$ 5,344

Listed by Coldwell Banker Bain
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Studio

Multi-Family Home for sale in Bellingham, WA

for $765,000. This 2,416 square foot home was built in 1989 on a lot size of 0.19.

Investor Alert! Seize the opportunity to invest in a prime Bellingham duplex with excellent maintenance and a stellar rental record. Each unit offers 2 bedrooms and 2 bathrooms, complete w/ separate garage space for each unit. Strategically located close to downtown, Trader Joe's and an array of shopping and restaurants, this property promises unparalleled convenience for tenants. The lower unit features lofted ceilings, a fully fenced private yard designed for minimal upkeep, a cozy gas fireplace and A/C. The upper unit delights with a sun-drenched private deck and great city views. Exceptional multi-family investment opportunity in a sought-after location.

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Multi-Family Pending

Price

$ 765,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,535

Style

Duplex

Lot Size

0.19

Year Built

1989

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2214555

Features
General
Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Forced Air
Cooling Forced Air None
Possession Closing
Roof Composition
Exterior Features Cement Planked Wood Products
HOA 0
Security Features PartiallyFenced
Year Built 1989
Unit Number A & B
Property SubType Multi-Family
Tax Year 2024
County Whatcom
Net Operating Income 32365
Insurance Expense 1000
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Bellingham
Possible Use Multi-Family
Special Listing Conditions None
Status Pending
Directions Exit I-5 at Sunset Exit and take James street to Alabama. Follow Alabama east towards Lake Whatcom to Michigan. Gosouth on Michigan. Duplex is on north side of Michigan.
City Bellingham
Buyer Agent Compensation 2.50
View Y/N N
Senior Community Y/N N
High School District Bellingham
Open Parking Spaces 2
Total Units 2
MLS Area 860 - Bellingham
Lot Size Square Feet 8276
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Michigan
Listing Terms Cash Out Conventional FHA VA Loan
Tax Annual Amount 5535
Electric Expense 0
Fuel Expense 0
Public Remarks Investor Alert! Seize the opportunity to invest in a prime Bellingham duplex with excellent maintenance and a stellar rental record. Each unit offers 2 bedrooms and 2 bathrooms complete w/ separate g
Leasable Area 2416
Structure Type Duplex
Building Area Units Square Feet
Standard Status Pending
Water Company COB
Units Below Grade false
Units In Building Total 2
Zoning Class Multi-Family
Water Sewer Garbage 2900
Property Style 52 - Duplex
Cap Rate 4.23
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Interior
Flooring Vinyl Vinyl Plank Carpet
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Living Area Units Square Feet
Power Production Type Electric Natural Gas
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Exterior
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 2416
Lot Size Acres 0.19
Lot Size Units Square Feet
Covered Spaces 2
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Fully Gas Available High Speed Internet Patio
Parking Uncovered Spaces 2
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Internal Only
OriginalMLSID NWM2214555
Street Number 1 2304
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* Excluded Features
List By
Jeff Morrison

Listing Agent

Coldwell Banker Bain

Broker

Affordability Calculator

$5,805
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,344
Monthly Property Taxes
$461
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256623 Elementary School
257507 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2024$765,000 Listed Price

Map


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2304 Michigan Street # A & B, Bellingham, WA, 98229 is a Multi-Family Home for sale at $765,000 with 2,416 sqft and a lot size of 0.19. 2304 Michigan Street # A & B is a studio with 0.0 baths and was built in 1989. The property's zip code is 98229 which is in Bellingham, WA