540 Second Street, Unit A
540 Second Street, Unit A
Sumas, WA 98295
$475,000
Last Sold Price
8
Beds
4
Baths
3,164 Sq. Ft.
$150 / Sq. Ft.
3,164
Sq. Ft.
$150
per Sq. Ft.
Sold 3/2/23
Virtual Tour
Sold 3/2/23
Virtual Tour
Listing provided courtesy of COMPASS, Keller Williams Western Realty
Description
One of the best CAP rates in Whatcom County at 7.2%! Recently renovated 4-plex on quiet dead-end street in Sumas. Minutes to the US/Canadian border. Current owner has updated interiors of bottom two units with brand new everything, currently rented to reliable tenants. Two story building with four, two bedroom, one bath units. Washer and Dryer in each unit. Great location and a great addition to an investment portfolio. GSI is $44,400 a year with room for improvement. Bottom units rented for $1,100...One of the best CAP rates in Whatcom County at 7.2%! Recently renovated 4-plex on quiet dead-end street in Sumas. Minutes to the US/Canadian border. Current owner has updated interiors of bottom two units with brand new everything, currently rented to reliable tenants. Two story building with four, two bedroom, one bath units. Washer and Dryer in each unit. Great location and a great addition to an investment portfolio. GSI is $44,400 a year with room for improvement. Bottom units rented for $1,100 & $1,050 a month and top units for $800 & $750 a month!
Listing Agents
![Rom Hirss]()
romhirss@compass.comP: 360.922.2181
![Galen Hirss]()
galenhirss@compass.comP: 360.685.3993
Property Details for 540 Second Street, Unit A
Community Name
Sumas
School DistrictNooksack Valley
ViewMountain(s), Territorial
Number of Assigned Spaces8
Total Covered Parking0
Entry Date10-27-2022
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of COMPASS![]()
Sold By Keller Williams Western Realty
Add your commute
LISTING UPDATED: 03/04/2023 08:50 AM
Property Details for 540 Second Street, Unit A
| Status | Sold |
|---|---|
| MLS # | 2012208 |
| Days on Market | 79 |
| Cumulative Days on Market | 441 |
| Taxes | $4,599 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1979 |
| Lot Size | 0.20 AC / 8,868 SF |
| County | Whatcom County |
Location
Listing Courtesy of COMPASS![]()
Sold By Keller Williams Western Realty
Add your commute
Virtual Tour
Building Information for 540 Second Street, Unit A
Stories2Residences4Year Built1979Building Size-Lot Size0.20 AC / 8,868 SF
Payment Calculator
$2,976 per month
30 year fixed, 7.25% Interest
Principal and Interest
$2,592
Property Taxes
$383
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 540 Second Street, Unit A
Summary
Location and General Information
- Style: 54 - 4-Plex
- Area: 890 - Nooksack Valley
- Directions: East Badger Rd into Sumas, Cherry St, East on Second Street. Building A on the left.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 8.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://www.youtube.com/watch?v=qiC1DHRnxUc
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Cooling: Yes
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Metal/Vinyl, Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: City of Sumas
- Sewer Company: City of Sumas
- Water Company: City of Sumas
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 26
Lot Information
- Lot Size Source: Realist
- Parcel Number Free Text: 4104350922130000
- Calculated Square Footage: 3164
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3164.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 8
- Number of Stories in Building: 2
- Unit Number: A
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 6938
- Gross Adjusted Income: 37462
- Gross Rent Multiplier: 12
- Gross Scheduled Income: $44,400
- Insurance Expense: $2,339
- Net Operating Income: $37,462
- Other Expenses: $0
- Total Monthly Income: 3700
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 800
- Rent Unit 1: $1,050.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 800
- Rent Unit 2: $1,100.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 800
- Rent Unit 3: $800.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 800
- Rent Unit 4: $750.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3164.0
- Leasable Area Units: Square Feet
Property History for 540 Second Street, Unit A
| 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.
Schools near 540 Second Street, Unit A
This home is within Nooksack Valley School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | PK to 5 | |||
| Public - | PK to 5 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Nooksack Elementary School PublicPK to 5 | ||
Everson Elementary School PublicPK to 5 | ||
Sumas Elementary School PublicPK to 5 | ||
Nooksack Valley Middle School Public6 to 8 |
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 COMPASS
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.