570-590 Front Street

Sumas, WA 98295

$1,158,000
Last Sold Price
16
Beds
8
Baths
8,792 Sq. Ft.
$132 / Sq. Ft.
8,792
Sq. Ft.
$132
per Sq. Ft.

Description

Investor Alert! 2 properties Included! Purchase of this pair offers tremendous upside potential, great rental history, long term tenants, & room to bring up to market rents! Spacious 2BD 1BA units, 2 Coin Op laundry rooms, individual storage rooms, huge over sized parking lot, & a cozy courtyard allows for additional green space! Excellent Opportunity to build your portfolio by 8 units, all while taking advantage of the lower rates & easier financing options each individual 4-plex has to offer.Investor Alert! 2 properties Included! Purchase of this pair offers tremendous upside potential, great rental history, long term tenants, & room to bring up to market rents! Spacious 2BD 1BA units, 2 Coin Op laundry rooms, individual storage rooms, huge over sized parking lot, & a cozy courtyard allows for additional green space! Excellent Opportunity to build your portfolio by 8 units, all while taking advantage of the lower rates & easier financing options each individual 4-plex has to offer.
  1. Listed by Dee Dee Swartz • eXp Realty

Property Details for 570-590 Front Street

Community Name
Sumas
School District
Nooksack Valley
View
Mountain(s), Territorial
Number of Assigned Spaces
20
Total Covered Parking
0
Entry Date
10-25-2019
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of eXp Realty

Sold By Coldwell Banker Bain

Add your commute
LISTING UPDATED: 09/17/2021 04:22 PM

Property Details for 570-590 Front Street

StatusSold
MLS #1535277
Days on Market619
Cumulative Days on Market1521
Taxes$8,052 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.50 AC / 21,780 SF
CountyWhatcom County

Location

Listing Courtesy of eXp Realty

Sold By Coldwell Banker Bain

Add your commute

Building Information for 570-590 Front Street

Stories2Residences8Year Built1955Building Size-Lot Size0.50 AC / 21,780 SF

Payment Calculator

$6,991 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,320

Property Taxes

$671

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 570-590 Front Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, Patio
  • Area: 890 - Nooksack Valley
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: North on Guide Meridian, Left on Badger Road, travel East to Sumas, Right on Front Street, Subject Properties on the Left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2019
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 20.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Amenities: Coin Op Laundry,Storage
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 7044
  • Power Company: City of Sumas
  • Sewer Company: City of Sumas
  • Water Company: City of Sumas
  • Power Production Type: Electric
  • Utilities: Cable Connected, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1990
  • Photos Count: 25
Lot Information
  • Lot Details: Corner Lot, Curbs, Open Space, Paved
  • Lot Size Dimensions: 8792
  • Lot Size Source: Realist
  • Parcel Number Free Text: 4104351710140000
  • Building Condition: Good
  • Calculated Square Footage: 8792
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 8792.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 20
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 8
  • Units Below Grade: false
  • Units In Building Total: 8
Financing / Income and Expenses
  • Electric Expense: $960
  • Total Expenses: 21588
  • Gross Adjusted Income: 97800
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: $97,800
  • Insurance Expense: $2,832
  • Net Operating Income: $76,212
  • Other Expenses: $2,700
  • Total Monthly Income: 7800
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 590 #1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1025
  • Rent Unit 1: $975.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 590 #2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1025
  • Rent Unit 2: $975.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 570 #2
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1025
  • Rent Unit 3: $975.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 590 #3
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1025
  • Rent Unit 4: $975.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 590 #4
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1025
  • Rent Unit 5: $975.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 570 #3
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 1025
  • Rent Unit 6: $975.00
  • Bedrooms Unit 6: 2
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 570 #1
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 1025
  • Rent Unit 7: $975.00
  • Bedrooms Unit 7: 2
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 570 #4
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 1025
  • Rent Unit 8: $975.00
  • Bedrooms Unit 8: 2
  • Fireplaces Unit 8: 0
  • Bathrooms Unit 8: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 8792.0
  • Leasable Area Units: Square Feet

Property History for 570-590 Front Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 570-590 Front Street

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.

Similar Homes

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Similar Sold Homes

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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 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.