312 Nooksack Avenue Lynden, WA 98264
Listing Courtesy of: Northwest MLS / Windermere Real Estate/Whatcom, Inc. / Jacson Bevens

  312 Nooksack Avenue Lynden, WA 98264

Active (1 Days)
$1,150,000

Description

Rare 6+% cap rate on this well-maintained 4-plex in a cute Lynden neighborhood! Featuring a 3-bed house + triplex on a single corner lot, this unique opportunity combines a strong financial profile with a great location. Generating over $91k GSI + $69k NOI, this property offers robust cash flow on top of future appreciation. Triplex units are all 2-bed/2-bath + have been remodeled/updated in the last year. All units have own laundry + 1-car garage. Triplex updates include flooring, paint, appliances, and counters. Financials reflect current professional management of 7% w/ self-managed potential for a 6.7% cap rate! Presents a tremendous 1031 option as well!

MLS #:
2322702
Taxes
$5,738(2024)
Lot Size
0.31 acres
Type
Multifamily
Building Name
Candini Lla
Year Built
2003
Style
4-Plex
Views
Territorial
School District
Lynden
County
Whatcom County
Community
Lynden

Listed By

Jacson Bevens, Windermere Real Estate/Whatcom, Inc.
Source
Northwest MLS as distributed by MLS Grid
Last checked Jan 18 2025 at 12:46 AM GMT+0000
Bathroom Details
Interior Features
  • Wall to Wall Carpet
  • Laminate
Subdivision
  • Lynden
Lot Information
  • Sidewalk
  • Paved
  • Curbs
  • Corner Lot
  • Alley
Property Features
  • Cable Tv
  • Fireplace: 0
  • Foundation: Block
Heating and Cooling
  • Forced Air
Flooring
  • Carpet
  • Laminate
Exterior Features
  • Cement Planked
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
  • Energy: Green Generation:, Green Efficiency:, Green Verification:
School Information
  • Elementary School: Fisher Elem
  • Middle School: Lynden Mid
  • High School: Lynden High
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Disclaimer: Based on information submitted to the MLS GRID as of 1/17/25 16:46. 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.