418 5th Street

418 5th Street

Blaine, WA 98230

$650,000
Price
3
Beds
2
Baths
1,476 Sq. Ft.
$440 / Sq. Ft.
1,476
Sq. Ft.
$440
per Sq. Ft.
Listing provided courtesy of eXp Realty

Description

The perfect multifamily investment in growing and appreciating Blaine WA. Walking distance to Canadian border. Incredible income potential in 1 bed and 2 bed single level units with decks. Remodeled interiors are lovely. Large 11,000 sf lot allows for so much flexibility for the future. 1,400+ sf heated shop split into 4 separate rentable areas would make great storage for renters, additional income, and/or owner use. Rents are increasing in Blaine! This is a rare opportunity as a high income rental,...The perfect multifamily investment in growing and appreciating Blaine WA. Walking distance to Canadian border. Incredible income potential in 1 bed and 2 bed single level units with decks. Remodeled interiors are lovely. Large 11,000 sf lot allows for so much flexibility for the future. 1,400+ sf heated shop split into 4 separate rentable areas would make great storage for renters, additional income, and/or owner use. Rents are increasing in Blaine! This is a rare opportunity as a high income rental, partial owner occupy, or extended living residence with separate living areas.

Property Details for 418 5th Street

Community Name
Blaine
School District
Blaine
View
Territorial
Number of Assigned Spaces
9
Total Covered Parking
2
Entry Date
05-05-2024
Energy Source
Electric,Natural Gas,Propane
Sewer
Sewer Connected

Location

Listing Courtesy of eXp Realty
Add your commute
LISTING UPDATED: 05/14/2024 12:10 PM

Property Details for 418 5th Street

StatusActive
MLS #2224459
Days on Market14
Cumulative Days on Market8
Taxes$3,301 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1943
Lot Size0.26 AC / 11,291 SF
CountyWhatcom County

Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 418 5th Street

Stories1Residences2Year Built1943Building Size-Lot Size0.26 AC / 11,291 SF

Payment Calculator

$3,822 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,547

Property Taxes

$275

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 418 5th Street

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, Patio, Propane, RV Parking, Shop
  • Area: 880 - Blaine/Birch Bay
  • Block: 26
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: I5 North. Blaine City Center exit. Right on D Street. Right on 5th.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 7.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
  • Features: Ceramic Tile, Hardwood, Laminate, Wall to Wall Carpet
  • Amenities: See Remarks,Storage
  • Cooling: Yes
  • Cooling: Window Unit A/C
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air, Heat Pump
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition, Metal
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3000
  • Power Company: PSD
  • Sewer Company: Blaine
  • Water Company: Blaine
  • Power Production Type: Electric, Natural Gas, Propane
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete, Slab
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2010
  • Photos Count: 32
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk, Value In Land
  • Lot Size Dimensions: 149x75
  • Lot Number: 1 2 3
  • Lot Size Source: Tax Records
  • Parcel Number Free Text: 4101310851030000
  • Building Condition: Very Good
  • Calculated Square Footage: 1476
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1476.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 7
  • Number of Stories in Building: 1
  • Vacancy Rate: 100
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $1,800
  • Total Expenses: 10702
  • Gross Adjusted Income: 43200
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: $43,200
  • Insurance Expense: $801
  • Net Operating Income: $32,498
  • Other Expenses: $0
  • Total Monthly Income: 3400
  • Fuel Expense: $1,800
Unit 1
  • Name Unit 1: 410
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 670
  • Rent Unit 1: $1,200.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 420
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 806
  • Rent Unit 2: $1,600.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Owner
  • Leasable Area: 2945.0
  • Leasable Area Units: Square Feet

Property History for 418 5th 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 418 5th Street

Taxable ValueLand$150,000Additions$277,110Total$427,110
Tax Record2021$2,675 ($223 / month)
Home Facts
Baths1Total Finished SqFt1,476 SqFtAbove Ground SqFt1,476 SqFtStories1StyleDuplexYear Built2010ZoningRM6.0CountyWHATCOMAPN410131 085103 0000Fireplace TypeHas Fireplace

Schools near 418 5th Street

This home is within Blaine School District.
Rating
School
Type
Grades
Distance
Blaine Primary School
Public - PK to 2
Blaine Elementary School
Public - 3 to 5
Blaine Middle School
Public - 6 to 8
Blaine High School
Public - 9 to 12
Rating
School
Distance
Blaine Primary School
PublicPK to 2

Blaine Elementary School
Public3 to 5

Blaine Middle School
Public6 to 8

Blaine High School
Public9 to 12

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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More information about 418 5th Street, Blaine, WA 98230

418 5th Street is a multi-family home for sale in Blaine, WA 98230. This property was listed for sale on May 5, 2024 by eXp Realty, it's currently listed at $650,000. It has been on the market for a total of 14 days and was last sold on August 5, 2009. This listing's school district is Blaine School District. Nearby schools include Blaine Primary School, Blaine Elementary School and Blaine Middle School. 418 5th Street is a 3-bed, 2-bath, 1,476 sqft multi-family home built in 1943.

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 eXp 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.