3358 Southbend Place, Bellingham, WA 98226
- $1,265,000
- 3,304
- SqFt
Listing Broker: Keller Williams Western Realty; Nick Berard; ; Selling Office: Skyline Properties, Inc..
- Sold Price
- $1,265,000
- List Price
- $1,265,000
- Status
- SOLD
- MLS#
- 2507506
- Closing Date
- May 07, 2026
- Days on Market
- 1
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 3,304
- Area Total SqFt
- 3304
- Annual Tax Ammount
- 8434
- Lot Size (sq ft)
- 12,082
- Sewer
- Sewer Connected
Property Description
Great Barkley Village location! Gross Scheduled Income - $101,700/yr ($8,475/month). Cap Rate 6.55% - Gross Rent Multiplier 12.44. Turn-key 4 plex making an ideal addition to your rental portfolio or an excellent opportunity for a new owner to occupy upper unit with high-end finishes and have renters paying down your mortgage! Tenants pay garbage and electrical. All 2 bedroom units. Fully updated. Both upper units are built out with new cabinets, granite surface tops, Stainless Steel appliances, crown moulding, wood blinds, designer paint. No deferred maintenance. Impeccable. Owner managed. Lush professionally landscaped, privacy hedges, Situated on a quiet cul-de-sac. Contiguous to green belt. Walking distance to shopping, restaurants, trails and theater. Versatile Investment in an ideal location.
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Additional Information
- List Date
- 2026-05-06 00:00:00
- Community
- Barkley
- Net Operating Income
- $82,811
- Gross Adjusted Income
- $101,700
- Gross Scheduled Income
- $101,700
- Total Monthly Income
- $8,475
- Insurance Expenses
- $1,850
- Water/Sewer/Garbage Expenses
- $3,605
- Gross Rent Multiplier
- 12.44
- Total Expenses
- $18,889
- Cap Rate
- 6.55
- Total Number of Units
- 4
- Unit Name
- 3358
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1996
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
- Other Expenses
- 5000
- Energy Source
- Electric
- School District
- Bellingham
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $8,475
- Gross Scheduled Income
- $101,700
- Gross Adjusted Income
- $101,700
- Tax Year
- 2026
- Insurance Expense
- $1,850
- W/S/G Expenses
- $3,605
- Total Expenses
- $18,889
- Net Operating Income
- $82,811
- Gross Rent Multiplier
- 12.44
- Cap Rate
- 6.55
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.