2821-2823 Queen Street

Bellingham, WA 98226

$815,000
Price
6
Beds
3.5
Baths
2,710 Sq. Ft.
$301 / Sq. Ft.
2,710
Sq. Ft.
$301
per Sq. Ft.

Description

This duplex is a great investment opportunity! Each unit has 3 large bedrooms and 1.75 baths, with attached individual garages on a dead-end street in the Barkley neighborhood closely located to the trail system. The lower unit is vacant and has single-level living, and if owner occupied, this can be purchased with just 3.5% down! The lower unit had water pipes freeze and has all new flooring, sheetrock, trim, paint, boiler, and hot water tanks. The upper unit (occupied) was the original house and...This duplex is a great investment opportunity! Each unit has 3 large bedrooms and 1.75 baths, with attached individual garages on a dead-end street in the Barkley neighborhood closely located to the trail system. The lower unit is vacant and has single-level living, and if owner occupied, this can be purchased with just 3.5% down! The lower unit had water pipes freeze and has all new flooring, sheetrock, trim, paint, boiler, and hot water tanks. The upper unit (occupied) was the original house and then was raised to add the lower unit below years ago. The upper unit has tenants and a one-year lease ending 9-30-24. Please do not disturb the tenants in 2823, and just view 2821. A tour of the upper unit can be scheduled with proper notice.
  1. Listed by Lynda L. Hinton • Windermere Real Estate Whatcom

Property Details for 2821-2823 Queen Street

Community Name
Barkley
School District
Bellingham
View
Territorial
Number of Assigned Spaces
4
Total Covered Parking
2
Entry Date
04-03-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere Real Estate Whatcom
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LISTING UPDATED: 04/06/2024 06:35 PM

Property Details for 2821-2823 Queen Street

StatusActive
MLS #2218380
Days on Market26
Cumulative Days on Market25
Taxes$5,301 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1968
Lot Size0.16 AC / 6,970 SF
CountyWhatcom County

Location

Listing Courtesy of Windermere Real Estate Whatcom
Add your commute

Building Information for 2821-2823 Queen Street

Stories2Residences2Year Built1968Building Size-Lot Size0.16 AC / 6,970 SF

Payment Calculator

$4,890 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,448

Property Taxes

$442

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2821-2823 Queen Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Deck, Fenced-Partially, High Speed Internet, Rooftop Deck
  • Area: 860 - Bellingham
  • Elementary School: Sunnyland Elem
  • Middle Or Junior School: Whatcom Mid
  • High School: Squalicum High
  • Directions: I-5 to Sunset Dr Exit, turn right on Sunset Dr, then, right onto Orleans, then left on E Illinois. Proceed several blocks to Queen St. and turn right and the duplex is on the right side.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl, Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Tankless Water Heater
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1800
  • Power Company: PSE
  • Sewer Company: City of Bellingham
  • Water Company: City of Bellingham
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Residential
  • MLS Square Footage Source: Assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 36
Lot Information
  • Lot Details: Dead End Street, Paved
  • Lot Size Dimensions: Irregular
  • Lot Number: 4
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 3803202222520000
  • Building Condition: Very Good
  • Calculated Square Footage: 2710
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2710.0
  • 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: 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: 8387
  • Gross Adjusted Income: 49200
  • Gross Rent Multiplier: 16.57
  • Gross Scheduled Income: $49,200
  • Insurance Expense: $1,286
  • Net Operating Income: $8,387
  • Other Expenses: $0
  • Total Monthly Income: 4100
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 2821
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1485
  • Rent Unit 1: $2,100.00
  • Bedrooms Unit 1: 3
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 2823
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1225
  • Rent Unit 2: $2,000.00
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2710.0
  • Leasable Area Units: Square Feet

Property History for 2821-2823 Queen Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 2821-2823 Queen 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

Shuksan Middle School
Public6 to 8

Squalicum 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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2821-2823 Queen Street is a multi-family home for sale in Bellingham, WA 98226. This property was listed for sale on April 3, 2024 by Windermere Real Estate Whatcom, it's currently listed at $815,000. This listing's school district is Bellingham Public Schools. Nearby schools include Sunnyland Elementary School, Shuksan Middle School and Squalicum High School. 2821-2823 Queen Street is a 6-bed, 3.5-bath, 2,710 sqft multi-family home built in 1968.

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 Windermere Real Estate Whatcom

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.