618 E Myrtle Street, Bellingham, WA 98225
- $1,200,000
- 2,231
- SqFt
Listing courtesy of Muljat Group.
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- 2581385
- Days on Market
- 0
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,231
- Area Total SqFt
- 2231
- Annual Tax Ammount
- 6923.97
- Lot Size (sq ft)
- 4,792
- Sewer
- Sewer Connected
Property Description
Two rental homes on one property offer an incredible opportunity just blocks from Western Washington University. The first home is newer and the second has been completely renovated with modern upgrades. One home features four bedrooms and one bathroom, and the other offers three bedrooms and one bathroom. Both homes include quartz counters, LVP flooring, stainless appliances, and beautiful contemporary finishes. This is an ideal setup for strong rental income, multi generational living, or an owner occupied investment with additional cash flow. Outstanding location close to Western, shopping, parks, and public transit. A true turnkey investment in the heart of Bellingham.
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Additional Information
- List Date
- 2026-09-13 06:13:11
- Community
- Sehome
- Net Operating Income
- $66,623
- Gross Adjusted Income
- $75,438
- Gross Scheduled Income
- $76,200
- Total Monthly Income
- $6,350
- Insurance Expenses
- $1,891
- Gross Rent Multiplier
- 15.91
- Total Expenses
- $8,814
- Cap Rate
- 5.5
- Vacancy Rate
- 1
- Total Number of Units
- 2
- Unit Name
- 618
- Potential Terms
- Cash, Conventional
- Year Built
- 1904
- Roof
- Composition
- Energy Source
- Natural Gas
- School District
- Bellingham
- Total Monthly Income
- $6,350
- Gross Scheduled Income
- $76,200
- Vacancy Rate
- 1
- Gross Adjusted Income
- $75,438
- Tax Year
- 2026
- Insurance Expense
- $1,891
- Total Expenses
- $8,814
- Net Operating Income
- $66,623
- Gross Rent Multiplier
- 15.91
- Cap Rate
- 5.5
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.