3902 Idaho Street, Bellingham, WA 98229

$595,000
2,822
SqFt

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Listing courtesy of Rainshine Realty.

List Price
$595,000
Status
ACTIVE
MLS#
2559523
Days on Market
5
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,822
Area Total SqFt
2822
Annual Tax Ammount
4280
Internet Provider
X Infinity, Quantum F.
Lot Size (sq ft)
22,865
Sewer
Sewer Connected

Property Description

Lovely location for home or investment. Two rehabbed manufactured homes in idyllic spot. Big half acre lot on cul-de-sac near Whatcom Falls and Bloedel Parks, Kulshan M. School, Geneva E. School. Extensive improvements; new water lines, new floors, new applcs, new roof, new furnaces, etc. A good spot to live, easily managed as a rental. Approval to divide into two lots. (With infill toolkit it's possible 4-5 Lots on this site.) 3902 is 3 bdrm 2 bath home 1200 sq. ft. plus large Sun porch facing meadow and forest. Heated with electric furnace & a propane gas fireplace. Also a shop. Unit @3900 is two bedroom one bath. It has a storage building in backyard. Separate electric meters. Just one Water Service for both units now paid by owner. Recent rents are $2,200 and $1,800 total of $4,000 per month gross rent. One unit is vacant. Unit at 3902 is now a month to month rental. There are supplements available that show the property survey and possible designs for a four lot short plat.

Additional Information

List Date
2026-07-23 18:53:31
Community
Whatcom Falls
Net Operating Income
$41,288
Gross Adjusted Income
$48,000
Gross Scheduled Income
$48,000
Total Monthly Income
$4,000
Insurance Expenses
$500
Water/Sewer/Garbage Expenses
$1,932
Gross Rent Multiplier
12.4
Total Expenses
$6,712
Cap Rate
6.9
Total Number of Units
2
Unit Name
3902
Potential Terms
Cash, Conventional, See Remarks
Year Built
1969
View
Territorial
Roof
Composition, See Remarks
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, Propane, Shop
Energy Source
Electric, Propane
School District
Bellingham
Elementary School
Geneva Elem
Middle School
Kulshan Mid
High School
Bellingham High
Total Monthly Income
$4,000
Gross Scheduled Income
$48,000
Gross Adjusted Income
$48,000
Tax Year
2025
Insurance Expense
$500
W/S/G Expenses
$1,932
Total Expenses
$6,712
Net Operating Income
$41,288
Gross Rent Multiplier
12.4
Cap Rate
6.9
Based on information submitted to the MLS GRID as of . 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.
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