2296 James Cir, Lynden, WA 98264

$1,100,000
4,996
SqFt

Listing courtesy of Windermere Real Estate Whatcom.

List Price
$1,100,000
Status
ACTIVE
MLS#
1510594
Price Change
▼ $50,000 1572640972
Days on Market
82
Style
54 - 4-Plex
Building Condition
['Good']
Finished SqFt
4,996
Lot Size (sq ft)
15,246

Property Description

Freshly updated Fourplex in Lynden. This unit is the only one in James Circle with a new roof. 4 Leases in place and seller has never had a vacancy. Unit's A + D are single level with laminate floors installed in 2017 throughout house and no carpet. Unit's B+C had carpet replaced in 2017 and all 3 bedrooms are upstairs and living space downstairs. These units can be separated as individual condominiums and resold. Unit A has large side yard and all units have back patio and yard space.

Additional Information

List Date
2019-08-27 00:00:00
Community
Lynden
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
2005
Total Parking
6
View
Territorial
Exterior
Metal/Vinyl
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, Gas Available, Gated Entry, High Speed Internet, Patio, Sprinkler System
Lot Details
Corner Lot, Cul-de-sac, Dead End Street, Paved Street, Sidewalk
School District
Lynden
Elementary School
Buyer To Verify
Middle School
Lynden Mid
High School
Lynden High
Total Monthly Income
$5,250
Gross Scheduled Income
$63,000
Gross Adjusted Income
$51,939
Annual Taxes
$5,788
Tax Year
2019
Insurance Expense
$959
W/S/G Expenses
$592
Total Expenses
$11,060
Net Operating Income
$51,939
Gross Rent Multiplier
17
Cap Rate
4

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.75
Unit 1 Size
1321
Unit 1 Rent
$1,350
Unit 2 Beds
3
Unit 2 Baths
1.50
Unit 2 Size
1177
Unit 2 Rent
$1,300
Unit 3 Beds
3
Unit 3 Baths
1.50
Unit 3 Size
1177
Unit 3 Rent
$1,200
Unit 4 Beds
3
Unit 4 Baths
1.75
Unit 4 Size
1321
Unit 4 Rent
$1,400
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