Sold
Last Sold Price

2312 Yew Street Rd, Bellingham, WA 98229

Multi FamilyProperty Type
1.02 acresLot Size
1971Year Built
15 carsParking Spaces

Description

Investment opportunity. Two 1-story 3-plex buildings on 1+ acres of beautifully landscaped grounds. Plenty of parking. The paved lane leads to a quiet and peaceful setting. City water and sewer. Located in the proposed urban growth area for increased density with the possibility of 3-4 more units. Laundry room provides additional income. Storage locker for each unit. Well maintained and fully rented. Two parking areas.Investment opportunity. Two 1-story 3-plex buildings on 1+ acres of beautifully landscaped grounds. Plenty of parking. The paved lane leads to a quiet and peaceful setting. City water and sewer. Located in the proposed urban growth area for increased density with the possibility of 3-4 more units. Laundry room provides additional income. Storage locker for each unit. Well maintained and fully rented. Two parking areas.
  • Listed by: Sherry Miller 360.734.3420 bellingham@cbbain.com • Coldwell Banker Bain
  • Listed by: Roger Bourm 360.739.5624 bourm@aol.com • Bourm Properties
Listing closed: 07/11/2012 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 256011
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Location

Listing Courtesy of Coldwell Banker Bain; Bourm Properties

Sold By Coldwell Banker Bain

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Principal and Interest

$2,322

Property Taxes

$357

HOA Dues

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Property Information for 2312 Yew Street Road

Property Details

  • Taxes: $4,280 / year
  • MLS Type: Residential Income
  • Community Name: Samish
  • School District: Bellingham
  • Number of Assigned Spaces: 15
  • Total Covered Parking: 0
  • Entry Date: 07-26-2011
  • Sewer: Sewer Connected

Building Information

  • Stories: 1
  • Residences: 6
  • Year Built: 1971
  • Lot Size: 1.02 AC / 44,431 SF

Summary

Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV, Fenced-Partially
  • Area: 860 - Bellingham
  • Directions: South on Yew Street Road off Lakeway 1.4 miles, past Bennett on the left to 2312/2322 Yew Street Road (down a lane) or north of Wade King Elementary School before Bennett.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2011
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 15.0
  • Open Parking: Yes

Interior and Exterior Features

Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Wall to Wall Carpet, Laminate Hardwood
  • Amenities: Coin Op Laundry,Storage,Thermal Windows
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood
  • Roof: Composition, Torch Down
  • Security Features: FullyFenced

Property

Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3603
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Bellingham
  • Water Company: City of Bellingham
  • Power Production Type: Electric
  • Utilities: Cable Connected, Sewer Connected, Electric
Property and Assessments
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 1
Lot Information
  • Lot Details: Dead End Street, Secluded
  • Parcel Number Free Text: 370304028333
  • Building Condition: Good
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows

Multi Family

Building Details
  • Number of Uncovered Spaces: 15
  • Number of Stories in Building: 1
  • Vacancy Rate: 3
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $690
  • Total Expenses: 17623
  • Gross Adjusted Income: 44620
  • Gross Rent Multiplier: 10
  • Gross Scheduled Income: $46,000
  • Insurance Expense: $1,843
  • Net Operating Income: $27,997
  • Other Expenses: $7,207
  • Total Monthly Income: 3475
  • Fuel Expense: $0

Rental

Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3000.0
  • Leasable Area Units: Square Feet

Property History for 2312 Yew Street Road

DateEvent & SourcePriceAppreciation
Jul 11, 2012

Sold

NWMLS #256011

$435,000—
Jun 12, 2012

Sold (Public Record)

Public Record #333542775

$435,000

+1.8% / yr

May 5, 2012

Pending

NWMLS #256011

—
DateEvent & SourcePrice
07/11/2012

Sold

NWMLS #256011

$435,000
06/12/2012

Sold (Public Record)

Public Record #333542775

$435,000

+1.8% / yr

05/05/2012

Pending

NWMLS #256011

—

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

Public records

2312 Yew Street Road

Total Finished SqFt

3,266 SqFt

Above Ground SqFt

3,266 SqFt

Lot Size

43,996 SqFt

Style

Multi-Family Dwelling (2-4)

Year Built

1971

Year Renovated

1992

Schools near 2312 Yew Street Road

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
Wade King Elementary School
PublicPK to 5

Fairhaven Middle School
Public6 to 8

Sehome 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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Listing Courtesy of Coldwell Banker Bain; Bourm Properties

Based on information submitted to the MLS GRID as of 09/05/2024 05:21 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.