2105 Michigan St

—
Beds
—
Baths
2,770 Sq. Ft.
$210 / Sq. Ft.
2,770
Sq. Ft.
$210
per Sq. Ft.

Description

Great investment opportunity. Large duplex with double car garages in a desirable, easy to rent neighborhood close to Whatcom Falls Park. Rents are currently under market, so there is room for additional cash flow. Large units with vaulted ceiling and wood beams, two car attached garage, decks on each side. Perfect for owner occupancy on one side while generating income from the other. Now is the perfect time to invest and try your hand at being a landlord as interest rates are crazy low.Great investment opportunity. Large duplex with double car garages in a desirable, easy to rent neighborhood close to Whatcom Falls Park. Rents are currently under market, so there is room for additional cash flow. Large units with vaulted ceiling and wood beams, two car attached garage, decks on each side. Perfect for owner occupancy on one side while generating income from the other. Now is the perfect time to invest and try your hand at being a landlord as interest rates are crazy low.

Listing Agent

  1. Ann Wark

    Ann Wark

    Listing Agent

    Compass

    ann.wark@compass.com

    P: (360)-739-4601

Property Details for 2105 Michigan Street

Community Name
Alabama Hill
School District
Bellingham
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
4
Entry Date
07-22-2020
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:40 AM

Property Details for 2105 Michigan Street

StatusSold
MLS #1633216
Days on Market6
Cumulative Days on Market6
Taxes$5,057 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1993
Lot Size0.20 AC / 8,712 SF
CountyWhatcom County

Location

Listing Courtesy of COMPASS

Sold By Keller Williams Western Realty

Add your commute

Building Information for 2105 Michigan Street

Stories2Residences2Year Built1993Building Size-Lot Size0.20 AC / 8,712 SF

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$3,347 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,926

Property Taxes

$421

HOA Dues

$0

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Property Information for 2105 Michigan Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV
  • Area: 860 - Bellingham
  • Elementary School: RooseveltElem
  • Middle Or Junior School: Kulshan Mid
  • High School: Bellingham High
  • Directions: East on Alabama to Michigan, right on Michigan.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Carpet
  • Features: Forced Air, Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Fireplace: No
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2800
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Bellingham
  • Water Company: City of Bellingham
  • Power Production Type: Electric, Natural Gas
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: See Remarks
  • Photos Count: 40
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 73 X 116
  • Lot Number: 1
  • Lot Size Source: Tax records
  • Parcel Number Free Text: 380328060466
  • Building Condition: Good
  • Calculated Square Footage: 2770
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2770.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 9399
  • Gross Adjusted Income: 36900
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $36,900
  • Insurance Expense: $1,000
  • Net Operating Income: $27,501
  • Other Expenses: $542
  • Total Monthly Income: 3075
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2770.0
  • Leasable Area Units: Square Feet

Property History for 2105 Michigan Street

DateEvent & SourcePriceAppreciation
Aug 20, 2020

Sold

NWMLS #1633216

$581,030—
Aug 17, 2020

Sold (Public Record)

Public Record #675799324

$581,030

+3.6% / yr

Jul 28, 2020

Pending

NWMLS #1633216

—
DateEvent & SourcePrice
08/20/2020

Sold

NWMLS #1633216

$581,030
08/17/2020

Sold (Public Record)

Public Record #675799324

$581,030

+3.6% / yr

07/28/2020

Pending

NWMLS #1633216

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2105 Michigan Street

Taxable ValueLand$253,696Additions$614,039Total$867,735
Tax Record2025$7,097 ($591 / month)
Home Facts
Baths1.5Total Finished SqFt2,770 SqFtAbove Ground SqFt2,770 SqFtStories2Lot Size8,712 SqFtStyleDuplexYear Built1993ZoningRM3.6CountyWHATCOMAPN380328 060466 0000Fireplace TypeHas Fireplace

Schools near 2105 Michigan Street

This home is within Bellingham Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 2 to 9
Rating
School
Distance
Roosevelt Elementary School
PublicPK to 5

Kulshan Middle School
Public6 to 8

Bellingham High School
Public9 to 12

Whatcom Discovery
Public2 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS

Based on information submitted to the MLS GRID as of 09/05/2024 05:40 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.