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    540 2nd St

    Sumas, WA 98295
    • $687,999
    • STATUS: Active
    • ON SITE: 52 days
    • ID#: 1743596
    UPDATED: 206 min ago
    $687,999
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:

    School Information

    Elementary School:
    School District:
    Listing Courtesy of Homesmart One Realty.

    Description

    This property is A Great opportunity for someone looking to get passive income. Needs a new Roof! Great opportunity at a 6 cap to get some nice cash flow. Seems to be under Market rent! Great Long Term Tenants

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northern Key Realty | Compass Washington are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-09T00:14:21.32.

    www.northernkeyteam.com/homes/115190982
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    540 2nd St Sumas, WA 98295

    • Price: $687,999
    • Status: Active
    • Updated: 206 min ago
    • ID#: 1743596
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1979
    Built
    Neighborhood:
    Nooksack Valley
    County:
    Whatcom
    Area:
    Nooksack Valley
    Elementary School:
    Buyer To Verify
    School District:
    Nooksack Valley
    Property Description
    This property is A Great opportunity for someone looking to get passive income. Needs a new Roof! Great opportunity at a 6 cap to get some nice cash flow. Seems to be under Market rent! Great Long Term Tenants
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Metal/Vinyl Open Parking Spaces 6 Open Parking YN Yes Parking Total 6 Parking Uncovered Spaces 6 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 52560 Insurance Expense 1600 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalFha Net Operating Income 42000 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 4369 Tax Year 2021 Total Expenses 10169 Units In Building Total 4 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 2400 Zoning Class Multi-Family

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Northern Key Realty | Compass Washington and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northern Key Realty | Compass Washington are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-09T00:14:21.32.

     
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    Northern Key Realty | Compass Washington
    2033 6th Ave, #600
    Seattle WA, 98121
    Listing Courtesy of Homesmart One Realty.