Keller Williams Western Realty
About 322 Front Street
Retiring owner- loves his rentals is willing to sell. Well built, great layouts, upgraded, 20 year old 4-plex, (2 buildings are available right next door for a total of 3 buildings, each on separate lots of record), with a conservative estimated Cap Rate of 6.6% or higher that is based on estimated rents of $1200. The units are being re-rented at $1275. Demand is high & renting quickly. Quality construction- new flooring, cabinets, trim, paint, appliances, fixtures & more. Exterior windows, roof, siding & paint all in good shape. Big parcels with lots of parking! The flood of 2021 did not do much damage. Located on higher ground makes for low cost flood & hazard insurance. This is a great opportunity to own a newer 4-plex at a great price.
Features of 322 Front Street
MLS® # | 1952860 |
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Price | $680,000 |
Bathrooms | 0.00 |
Acres | 0.15 |
Year Built | 2000 |
Type | Residential Income |
Sub-Type | Multi-Family |
Status | Active |
Community Information
Address | 322 Front Street |
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Area | 890 - Nooksack Valley |
Subdivision | Sumas |
City | Sumas |
County | Whatcom |
State | WA |
Zip Code | 98295 |
Amenities
Parking Spaces | 8 |
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Is Waterfront | No |
Interior
Fireplace | No |
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# of Stories | 2 |
Exterior
Exterior Features | Metal/Vinyl |
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School Information
District | Nooksack Valley |
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Elementary | Sumas Elem |
Middle | Nooksack Vly Mid |
High | Nooksack Vly High |
Additional Information
Days on Market | 52 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Keller Williams Western Realty |
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