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 & $1,050 a month and top units for $800 & $750 a month!
-
0BEDS
-
0.2ACRES
-
0BATHS
-
01/2 BATHS
-
3,164SQFT
-
$158$/SQFT
Listing Courtesy of Compass: 360-233-5033.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 & $1,050 a month and top units for $800 & $750 a month!
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Nicole & Jamie Group | Keller Williams Greater 360 are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-02-02T00:14:20.06. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-02-02T00:14:20.06. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.