130 Garfield St, Sumas, WA 98295

$1,150,000
7,872
SqFt

Listing courtesy of John L. Scott, Inc..

List Price
$1,150,000
Status
ACTIVE
MLS#
1398337
Days on Market
18
Style
56 - 10+ Units
Building Condition
['Remodeled']
Finished SqFt
7,872
Lot Size (sq ft)
13,200

Property Description

100% leased, fully remodeled 12-plex sitting on 4 platted lots in downtown Sumas. Very well maintained, low maintenance required, w/new appliances. Rents have plenty of room to grow with waiting list to get in. Each unit is 656 sq feet and has a bedroom, bathroom, kitchen, living room and rear deck (2nd story) or patio (ground level). Financials available for qualified buyers.

Additional Information

List Date
2019-01-04 00:00:00
Community
Sumas
Property Type
MULT
Units
12
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1978
Total Parking
14
Uncovered Parking
14
View
City, Territorial
Exterior
Stucco, Wood
Roof
Composition
Site Features
Cable TV, Deck, Gas Available, Patio
Lot Details
Corner Lot, Curbs, Paved Street, Sidewalk
School District
Nooksack Valley
Elementary School
Nooksack Elem
Middle School
Nooksack Vly Mid
High School
Nooksack Vly High
Gross Scheduled Income
$101,400
Tax Year
2018
Total Expenses
$25,848
Net Operating Income
$75,552
Cap Rate
6
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