3261 Hollywood Avenue, Bellingham, WA 98225
- $615,000
- 1,440
- SqFt
Listing Broker: BHHS Bayside Realty; Andrew Shelton; ;
- List Price
- $615,000
- Status
- PENDING
- MLS#
- 2568810
- Days on Market
- 27
- Style
- 52 - Duplex
- Finished SqFt
- 1,440
- Area Total SqFt
- 1440
- Annual Tax Ammount
- 4955
- Lot Size (sq ft)
- 8,276
- Sewer
- Sewer Connected
Property Description
New roof, new appliances, new paint inside and out, new flooring, new vapor barrier, new insulation, starting to see the theme? This duplex appeals to all comers: first time buyers looking to start their rental pool, folks shopping multigenerational or a pure investor looking for a truly turn key rental. The upgrade list is extensive and boasts trusted local vendors. Joosten's put on a new roof with IKO Dynasty's shingles that are rated up to 130mph wind speed and all flashing and vents were upgraded as well. The crawl has been completely redone with new insulation, vapor barrier and pump installed by Ash Insulation. The interior has brand new DeWaard and Bode appliances paint and flooring by Great Floors. Exterior has two brand new coats of Behr paint. Conveniently located across the street from Alderwood Elementary and near Squalicum Pier, Redwood Park and Locust beach to name just a few. This property offers the best of both worlds; on city utilities and a quick drive to Bellingham or Ferndale. If you're planning to rent it it's county jurisdiction and subject to less rental red tape.
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Additional Information
- List Date
- 2026-08-26 21:58:11
- Community
- Birchwood
- Net Operating Income
- $30,609
- Gross Adjusted Income
- $37,800
- Gross Scheduled Income
- $50,400
- Total Monthly Income
- $4,200
- Insurance Expenses
- $7,120
- Water/Sewer/Garbage Expenses
- $4,716
- Gross Rent Multiplier
- 12.2
- Total Expenses
- $16,791
- Cap Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 3261
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1971
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, Patio
- Energy Source
- Electric
- School District
- Bellingham
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,200
- Gross Scheduled Income
- $50,400
- Gross Adjusted Income
- $37,800
- Tax Year
- 2025
- Insurance Expense
- $7,120
- W/S/G Expenses
- $4,716
- Total Expenses
- $16,791
- Net Operating Income
- $30,609
- Gross Rent Multiplier
- 12.2
- Cap Rate
- 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.