1302 Grant Street

Bellingham, WA 98225

$747,000
Price
4
Beds
2
Baths
1,452 Sq. Ft.
$514 / Sq. Ft.
1,452
Sq. Ft.
$514
per Sq. Ft.

Description

Here's your prime investment opportunity. Well maintained single level duplex on a corner lot in the heart of sought-after York district. Centrally located to downtown, WWU, shopping, restaurants & York's historic Nelson's Market. Each unit is 726 sqft & features 2 bed/1 bath w/ two separate fully fenced sunny backyards. Attached 2-car garage + shed offer ample secure off-street parking & storage options for both units. Property boasts an excellent rental history. Purchase as a solid long-term rental...Here's your prime investment opportunity. Well maintained single level duplex on a corner lot in the heart of sought-after York district. Centrally located to downtown, WWU, shopping, restaurants & York's historic Nelson's Market. Each unit is 726 sqft & features 2 bed/1 bath w/ two separate fully fenced sunny backyards. Attached 2-car garage + shed offer ample secure off-street parking & storage options for both units. Property boasts an excellent rental history. Purchase as a solid long-term rental or live in one side & rent the other. If owner occupied, purchase with only 5% down! Unit #1302 annual lease ends 5/31 & #1306 ends 7/31. Pre-inspected, report available upon request.
  1. Listed by Amy Bowhay • RE/MAX Whatcom County, Inc.

Property Details for 1302 Grant Street

Community Name
York
School District
Bellingham
Number of Assigned Spaces
4
Total Covered Parking
2
Entry Date
04-18-2024
Energy Source
Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of RE/MAX Whatcom County, Inc.
Add your commute
LISTING UPDATED: 05/01/2024 01:32 PM

Property Details for 1302 Grant Street

StatusActive
MLS #2224269
Days on Market15
Cumulative Days on Market15
Taxes$4,861 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.12 AC / 5,227 SF
CountyWhatcom County

Location

Listing Courtesy of RE/MAX Whatcom County, Inc.
Add your commute

Virtual Tour

Building Information for 1302 Grant Street

Stories1Residences2Year Built1954Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$4,482 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,077

Property Taxes

$405

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1302 Grant Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Fully, Outbuildings
  • Area: 860 - Bellingham
  • Block: 8
  • Effective Year Built Source: Public Records
  • Directions: From I-5 North: Exit 253 (Lakeway Dr). Right on King St, Right on Lakeway Dr. Right on Grant St. Property located on corner of Lakeway Dr & Grant St. Parking available in driveway or on street.
  • 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: 2.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Floor Covering: Laminate, Carpet
  • Features: Laminate, Wall to Wall Carpet
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2495.52
  • Power Company: Puget Sound Energy
  • Sewer Company: City of Bellingham
  • Water Company: City of Bellingham
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Letter On File: Duplicate Prop Type
  • MLS Square Footage Source: County Assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1954
  • Photos Count: 40
Lot Information
  • Lot Details: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 104'x50'
  • Lot Number: 12-W 10 FT OF LOT 13
  • Lot Size Source: County Assessor
  • Parcel Number Free Text: 3803314555280000
  • Building Condition: Good
  • Calculated Square Footage: 1452
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1452.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 1
  • Vacancy Rate: 1
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 9806.33
  • Gross Adjusted Income: 38400
  • Gross Rent Multiplier: 19.45
  • Gross Scheduled Income: $38,400
  • Insurance Expense: $950
  • Net Operating Income: $28,593
  • Other Expenses: $1,500
  • Total Monthly Income: 3200
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1302
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 726
  • Rent Unit 1: $1,650.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 1306
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 726
  • 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: 1452.0
  • Leasable Area Units: Square Feet

Property History for 1302 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 1302 Grant Street

Taxable ValueLand$219,769Additions$319,237Total$539,006
Tax Record2021$3,898 ($325 / month)
Home Facts
Baths1Total Finished SqFt1,452 SqFtAbove Ground SqFt1,452 SqFtStories1Lot Size5,227 SqFtStyleDuplexYear Built1954ZoningRM1.0CountyWHATCOMAPN380331 455528 0000Fireplace TypeHas Fireplace

Schools near 1302 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.

Similar Homes

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1302 Grant Street is a multi-family home for sale in Bellingham, WA 98225. This property was listed for sale on April 18, 2024 by RE/MAX Whatcom County, Inc., it's currently listed at $747,000. It has been on the market for a total of 15 days and was last sold on September 16, 2008. This listing's school district is Bellingham Public Schools. Nearby schools include Happy Valley Elementary School, Fairhaven Middle School and Sehome High School. 1302 Grant Street is a 4-bed, 2-bath, 1,452 sqft multi-family home built in 1954.

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 RE/MAX Whatcom County, Inc.

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.