1234 Grant Street

Bellingham, WA 98225

$750,000
Price
5
Beds
2
Baths
1,632 Sq. Ft.
$460 / Sq. Ft.
1,632
Sq. Ft.
$460
per Sq. Ft.

Description

Updated classic rental duplex in the Historic York neighborhood. Spacious 3 bedroom lower unit and 2 bedroom upper unit provided years of near zero vacancy rent. Large detached garage and 3 private off-street/alley parking spots for tenants. Newer main roof and seamless gutters, plus newer hot water heaters, appliances, vinyl flooring & paint. Recently replaced shed roof. Shared washer and dryer conveniently located on back porch utility room. Market value rent increase potential to $2,000 for the...Updated classic rental duplex in the Historic York neighborhood. Spacious 3 bedroom lower unit and 2 bedroom upper unit provided years of near zero vacancy rent. Large detached garage and 3 private off-street/alley parking spots for tenants. Newer main roof and seamless gutters, plus newer hot water heaters, appliances, vinyl flooring & paint. Recently replaced shed roof. Shared washer and dryer conveniently located on back porch utility room. Market value rent increase potential to $2,000 for the lower unit and $1,700 for the upper unit would increase cap rate 4.7%. Utilities individually metered. Professionally managed. Walking distance to WWU makes this an excellent college rental. Close to parks & centrally located to downtown.
  1. Listed by Chris Farkas • BHHS Bayside Realty
  2. Listed by Mike Farkas • BHHS Bayside Realty

Property Details for 1234 Grant Street

Community Name
York
School District
Bellingham
Number of Assigned Spaces
5
Total Covered Parking
2
Entry Date
04-25-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of BHHS Bayside Realty
Add your commute
LISTING UPDATED: 05/02/2024 10:30 AM

Property Details for 1234 Grant Street

StatusActive
MLS #2225036
Days on Market10
Cumulative Days on Market9
Taxes$4,977 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.10 AC / 4,356 SF
CountyWhatcom County

Location

Listing Courtesy of BHHS Bayside Realty
Add your commute

Virtual Tour

Building Information for 1234 Grant Street

Stories2Residences2Year Built1910Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$4,508 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$415

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1234 Grant Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Partially, Gas Available
  • Area: 860 - Bellingham
  • Elementary School: Happy Vly Elem
  • Middle Or Junior School: Fairhaven Mid
  • High School: Sehome High
  • Directions: Exit 253 Lakeway Dr. Go west two blocks. Left on Grant St. 1 block. Home will be on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Floor Covering: Softwood, Hardwood, Vinyl, Carpet
  • Features: Forced Air, Fir/Softwood, Hardwood, Wall to Wall Carpet
  • Amenities: Basement
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition, Torch Down
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1700
  • Power Company: PSE
  • Sewer Company: City of Bellingham
  • Water Company: City of Bellingham
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Block, Poured Concrete
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 36
Lot Information
  • Lot Details: Alley, Paved, Sidewalk
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 3803314604850000
  • Calculated Square Footage: 1632
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1632.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 3
  • 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: 10480
  • Gross Adjusted Income: 40200
  • Gross Rent Multiplier: 18.66
  • Gross Scheduled Income: $40,200
  • Insurance Expense: $723
  • Net Operating Income: $31,420
  • Other Expenses: $3,080
  • Total Monthly Income: 3350
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: Lower
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 1072
  • Rent Unit 1: $1,800.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: Upper
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 560
  • Rent Unit 2: $1,550.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1632.0
  • Leasable Area Units: Square Feet

Property History for 1234 Grant Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1234 Grant Street

Taxable ValueLand$235,008Additions$306,980Total$541,988
Tax Record2021$3,859 ($322 / month)
Home Facts
Baths2Total Finished SqFt1,632 SqFtAbove Ground SqFt1,632 SqFtUnfinished Basement Area400 SqFtStories2Lot Size4,356 SqFtStyleDuplexYear Built1910ZoningRS3.0CountyWHATCOMAPN380331 460485 0000

Schools near 1234 Grant 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
Happy Valley 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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1234 Grant Street is a multi-family home for sale in Bellingham, WA 98225. This property was listed for sale on April 25, 2024 by BHHS Bayside Realty, it's currently listed at $750,000. It has been on the market for a total of 10 days and was last sold on May 20, 2009. This listing's school district is Bellingham Public Schools. Nearby schools include Happy Valley Elementary School, Fairhaven Middle School and Sehome High School. 1234 Grant Street is a 5-bed, 2-bath, 1,632 sqft multi-family home built in 1910.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Bayside Realty

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.