302 Bendigo Boulevard N, North Bend, WA 98045
- $1,200,000
- 2,230
- SqFt
Listing courtesy of Cascade Properties & Invest..
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- 2291137
- Days on Market
- 26
- Style
- 53 - Tri-plex
- Building Condition
- Remodeled
- Finished SqFt
- 2,230
- Area Total SqFt
- 2230
- Annual Tax Ammount
- 6455
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 9,000
- Sewer
- Sewer Connected
Property Description
Ride the wave of opportunity with this prime investment property located in the heart of North Bend where the demand for rental housing is soaring amidst a shortage of inventory. This lovely garden style tri-plex is stable with great tenants but future owner could easily reside in one of the units for on-site management. Included in the unit mix is a duplex with 2 bedrooms and 1 bath each & shared laundry. The garage apartment is a stand-alone 1 bedroom 1 bath with full kitchen, 3/4 bath and compact washer/dryer! Both duplex units have gas forced air heat & the 1 bedroom has electric heat. Large fenced back yard and shared patio with breathtaking views of Mt Si. Convenient location walkable to downtown, schools, shopping & easy I90 commute.
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Additional Information
- List Date
- 2024-09-15 23:31:08
- Community
- Downtown - North Bend
- Net Operating Income
- $52,967
- Gross Adjusted Income
- $69,600
- Gross Scheduled Income
- $69,600
- Total Monthly Income
- $5,800
- Insurance Expenses
- $2,200
- Water/Sewer/Garbage Expenses
- $6,158
- Gross Rent Multiplier
- 17.24
- Total Expenses
- $16,633
- Cap Rate
- 4.4
- Total Number of Units
- 3
- Unit Name
- 302
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1960
- View
- Mountain(s)
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Outbuildings
- Other Expenses
- 1820
- Energy Source
- Electric, Natural Gas
- School District
- Snoqualmie Valley
- Elementary School
- North Bend Elem
- Middle School
- Twin Falls Mid
- High School
- Mount Si High
- Total Monthly Income
- $5,800
- Gross Scheduled Income
- $69,600
- Gross Adjusted Income
- $69,600
- Tax Year
- 2024
- Insurance Expense
- $2,200
- W/S/G Expenses
- $6,158
- Total Expenses
- $16,633
- Net Operating Income
- $52,967
- Gross Rent Multiplier
- 17.24
- Cap Rate
- 4.4
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.