1406 Franklin Street, Bellingham, WA 98225
- $950,000
- 3,455
- SqFt
Listing courtesy of Hammer Properties NW Inc..
- List Price
- $950,000
- Status
- ACTIVE
- MLS#
- 2577751
- Days on Market
- 7
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 3,455
- Area Total SqFt
- 3455
- Annual Tax Ammount
- 9599.6
- Lot Size (sq ft)
- 6,534
- Sewer
- Sewer Connected
- Offer Review Date
- 2026-09-10
Property Description
Turnkey investment with a proven rental history and strong demand in Bellingham's historic York Neighborhood. This Fully occupied duplex lives more like two homes than two attached units. Each side offers a bedroom with a private full bath, generous living space, in-unit laundry, and ample off-street parking. Well maintained and ideally located near 1-5, WWU, downtown Bellingham, transit, and Nelson's Market. Enjoy an easy walk or bike to local restaurants, breweries, and neighborhood favorites. This unique opportunity is perfect for any investment portfolio or a future owner occupant looking for all the charm of the York Neighborhood while offsetting home ownership costs with consistent rental income.
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Additional Information
- List Date
- 2026-09-03 23:58:12
- Community
- York
- Net Operating Income
- $60,564
- Gross Adjusted Income
- $77,940
- Gross Scheduled Income
- $77,940
- Total Monthly Income
- $6,495
- Insurance Expenses
- $2,879
- Gross Rent Multiplier
- 12.19
- Total Expenses
- $17,375
- Cap Rate
- 6.38
- Total Number of Units
- 2
- Unit Name
- 1406
- Potential Terms
- Cash, Conventional
- Year Built
- 1900
- Roof
- Composition
- Site Features
- Cable TV, Deck, High Speed Internet, Patio
- Other Expenses
- 4897
- Energy Source
- Electric, Natural Gas
- School District
- Bellingham
- Total Monthly Income
- $6,495
- Gross Scheduled Income
- $77,940
- Gross Adjusted Income
- $77,940
- Tax Year
- 2026
- Insurance Expense
- $2,879
- Total Expenses
- $17,375
- Net Operating Income
- $60,564
- Gross Rent Multiplier
- 12.19
- Cap Rate
- 6.38
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.