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    1301 Lakeway Dr

    Bellingham, WA 98229
    • $1,725,000
    • STATUS: Active
    • ON SITE: 242 days
    • ID#: 1541940
    UPDATED: 220 min ago
    $1,725,000
    • 0
      BEDS
    • 0.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Muljat Group.

    Description

    Lakeway Drive developement site and opportunity! Three separate legal lots; one four plex, one single family dwelling, and one vacant lot, ready for redevelopment! Enjoy cash flow while you plan your 2 or 3 story mixed use project on the busy Lakeway Drive thoroughfare. Right at the entrance to Civic Stadium, this project has unlimited residential density and commercial and retail drive though opportunity. Project plans, site survey, and soils report are available.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-07-15T00:14:55.853.

    www.thekendratoddgroup.com/homes/101023306
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    1301 Lakeway Dr Bellingham, WA 98229

    • Price: $1,725,000
    • Status: Active
    • Updated: 220 min ago
    • ID#: 1541940
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.62
    Acres
    1928
    Built
    Neighborhood:
    Bellingham
    County:
    Whatcom
    Area:
    Bellingham
    School District:
    Bellingham
    Property Description
    Lakeway Drive developement site and opportunity! Three separate legal lots; one four plex, one single family dwelling, and one vacant lot, ready for redevelopment! Enjoy cash flow while you plan your 2 or 3 story mixed use project on the busy Lakeway Drive thoroughfare. Right at the entrance to Civic Stadium, this project has unlimited residential density and commercial and retail drive though opportunity. Project plans, site survey, and soils report are available.
    Exterior Features

    Carport Spaces 0 Exterior Wood Products Foundation Poured Concrete Garage Spaces 0 Lot Details Corner LotSidewalk Roof Composition Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 8 Uncovered Spaces 8

    Interior Features

    Heating And Cooling Forced Air Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 780 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 4 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 676 Unit2 Washer Dryer Y Unit3 Bathrooms 2.00 Unit3 Bedrooms 5 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1936 Unit3 Washer Dryer Y Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 2.58 Electrical Expenses 0 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Commercial Gross Adjusted Income 64020 Gross Rent Multiplier 26 Gross Scheduled Income 66000 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2000 Leased Items None Net Operating Income 44564 New Construction YN No Other Expenses 6011 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 8445 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 19456 Total Expenses TEX 19456 Total Monthly Income 5500 Unit1 Monthly Rent 1050 Unit2 Monthly Rent 750 Unit3 Monthly Rent 2200 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Sewer Garbage 3000 Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Kendra Todd Group at Keller Williams and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-07-15T00:14:55.853.

     
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    The Kendra Todd Group at Keller Williams
    1307 N. 45th Street Suite 300
    Seattle WA, 98103
    Listing Courtesy of Muljat Group.