2312 Orleans Street
2312 Orleans Street
Bellingham, WA 98229
$901,000
Last Sold Price
7
Beds
4
Baths
3,456 Sq. Ft.
$261 / Sq. Ft.
3,456
Sq. Ft.
$261
per Sq. Ft.
Sold 6/24/21
Sold 6/24/21
Listing provided courtesy of Bellwether Real Estate, Keller Williams Western Realty
Description
Amazing investment opportunity located in the heart of Bellingham! This turn key and meticulously maintained 4-plex boasts plenty of parking, close to shopping, transit, and all amenities the town has to offer. Fully occupied with a great history of rents and long term tenants. Excellent room for growth within current lease structure. The building offers (3) 2 bedroom/1 bath units and (1) bedroom/1 bath unit, upstairs units feature their own covered balcony. Coin operated laundry, extra storage,...Amazing investment opportunity located in the heart of Bellingham! This turn key and meticulously maintained 4-plex boasts plenty of parking, close to shopping, transit, and all amenities the town has to offer. Fully occupied with a great history of rents and long term tenants. Excellent room for growth within current lease structure. The building offers (3) 2 bedroom/1 bath units and (1) bedroom/1 bath unit, upstairs units feature their own covered balcony. Coin operated laundry, extra storage, shed and full kitchen appliance package in each unit. High demand rental market, don't miss this! Please do not disturb tenants.
- Listed by Nick Piro • Bellwether Real Estate
Property Details for 2312 Orleans Street
Community Name
Bellingham
School DistrictBellingham
ViewTerritorial
Number of Assigned Spaces5
Total Covered Parking0
Entry Date04-08-2021
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Bellwether Real Estate![]()
Sold By Keller Williams Western Realty
Add your commute
LISTING UPDATED: 06/24/2021 11:51 AM
Property Details for 2312 Orleans Street
| Status | Sold |
|---|---|
| MLS # | 1751742 |
| Days on Market | 35 |
| Cumulative Days on Market | 1032 |
| Taxes | $5,011 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1973 |
| Lot Size | 0.23 AC / 10,019 SF |
| County | Whatcom County |
Location
Listing Courtesy of Bellwether Real Estate![]()
Sold By Keller Williams Western Realty
Add your commute
Building Information for 2312 Orleans Street
Stories2Residences4Year Built1973Building Size-Lot Size0.23 AC / 10,019 SF
Payment Calculator
$5,335 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,917
Property Taxes
$418
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2312 Orleans Street
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Cable TV, Deck, High Speed Internet
- Area: 860 - Bellingham
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: West on Alabama St. Left on Orleans. Building is near end of street on the left.
- 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: 5.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Laminate, Carpet
- Amenities: Coin Op Laundry
- Fireplace: No
- Heating: Yes
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Baseboard
- Water Source: Public
- Water/Sewer/Garbage: 2793
- Power Company: PSE
- Sewer Company: City of Bellingham
- Water Company: City of Bellingham
- Power Production Type: Electric
- Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
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
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1973
- Photos Count: 36
Lot Information
- Lot Details: Paved, Sidewalk
- Lot Size Source: Realist
- Parcel Number Free Text: 3803201680080000
- Building Condition: Very Good
- Calculated Square Footage: 3456
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3456.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 5
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $475
- Total Expenses: 11424
- Gross Adjusted Income: 58200
- Gross Rent Multiplier: 16
- Gross Scheduled Income: $58,200
- Insurance Expense: $2,017
- Net Operating Income: $48,276
- Other Expenses: $0
- Total Monthly Income: 4975
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 864
- Rent Unit 1: $950.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 864
- Rent Unit 2: $1,300.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: C
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 864
- Rent Unit 3: $1,300.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: D
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 864
- Rent Unit 4: $1,300.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3456.0
- Leasable Area Units: Square Feet
Property History for 2312 Orleans Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2312 Orleans Street
Taxable ValueLand$278,964Additions$467,948Total$746,912
Tax Record2021$5,402 ($450 / month)
Home Facts
Baths1Total Finished SqFt3,456 SqFtAbove Ground SqFt3,456 SqFtLot Size10,001 SqFtStyleQuadraplexYear Built1973ZoningRM2L5CountyWHATCOMAPN380320 168008 0000
Schools near 2312 Orleans 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 |
|---|---|---|
Sunnyland Elementary School PublicPK to 5 | ||
Whatcom 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 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 Bellwether Real Estate
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.