2720 Patton Street, Bellingham, WA 98225
- $650,000
- 1,656
- SqFt
Listing Broker: RE/MAX Whatcom County, Inc.; David Harmon; ; Selling Office: Muljat Group.
- Sold Price
- $650,000
- List Price
- $685,000
- Status
- SOLD
- MLS#
- 2547992
- Closing Date
- Aug 27, 2026
- Days on Market
- 25
- Style
- 52 - Duplex
- Finished SqFt
- 1,656
- Area Total SqFt
- 1656
- Annual Tax Ammount
- 6015
- Lot Size (sq ft)
- 8,712
- Sewer
- Sewer Connected
Property Description
Excellent investment opportunity or owner-occupant duplex in an established residential neighborhood surrounded primarily by single-family homes. The units have been updated and both offer 2 bedrooms, 1 full bath, and approximately 828 square feet of comfortable living space. Each unit has Washer/Dryer hookups, covered carports, private storage rooms and backyard patio space. The alley access, ample off-street parking, and a spacious yard provide convenience for both owners and tenants. Situated on an 8,712-square-foot lot, this property offers excellent long-term upside with potential for additional units (buyer to verify all development possibilities with the City of Bellingham). Live in one unit while generating rental income from the other, or add a quality duplex to your investment portfolio. Conveniently located near parks, trails, shopping, schools, and everyday amenities, this is a rare opportunity to own an income-producing property with possible future development potential.
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Additional Information
- List Date
- 2026-08-02 00:00:00
- Community
- Birchwood
- Net Operating Income
- $40,785
- Gross Scheduled Income
- $50,400
- Total Monthly Income
- $4,200
- Insurance Expenses
- $1,600
- Water/Sewer/Garbage Expenses
- $2,000
- Gross Rent Multiplier
- 13.6
- Total Expenses
- $9,615
- Cap Rate
- 5.95
- Vacancy Rate
- 4
- Total Number of Units
- 2
- Unit Name
- 2720
- Potential Terms
- Cash, Conventional
- Year Built
- 1970
- Roof
- Composition
- Site Features
- High Speed Internet
- Energy Source
- Electric
- School District
- Bellingham
- Elementary School
- Birchwood Elem
- Middle School
- Shuksan Mid
- High School
- Bellingham High
- Total Monthly Income
- $4,200
- Gross Scheduled Income
- $50,400
- Vacancy Rate
- 4
- Tax Year
- 2026
- Insurance Expense
- $1,600
- W/S/G Expenses
- $2,000
- Total Expenses
- $9,615
- Net Operating Income
- $40,785
- Gross Rent Multiplier
- 13.6
- Cap Rate
- 5.95
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.