2020 Iron St $336,500


    2020 Iron St Bellingham, WA 98225

    • 0.12 Acres
    • Commercial/Industrial
    Listing# 1216166 | Active
    Days On Market: 717 6 Views
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    Property Details

    Great location on Iron Street for business adventure. Front house is charming and back house has been used for many different things including laundry facility, and recording studio. Lots of options and ideas. Or great holding property and continue to use as a residential rental for the time being. Would make a wonderful live in house and work in the back building or so many other options.

    • General Features
      • County Whatcom
      • Approx Building SqFt 726
      • Approx Office SqFt 0
      • Approx Whse/Mfg SqFt 0
      • Zoning Class See Remarks
      • Lot Dimensions 40x125
      • Selling Office Commission 3
      • Style 62-Business Opp.
      • Total Covered Parking 0
      • Total Uncovered Parking 4
      • Zoning Jurisdiction City
    • Building Features
      • Floor Covering Wall-to-Wall Carpet
      • Features Storage
    • Property Features
      • Depth of Lot 125
      • Site Frontage 40
      • Environment Survey N
      • Water-Sewer-Garbage 1675
      • Sewer Sewer Connected
      • Sewer Company City of Bellingham
      • Energy Source Natural Gas
      • Power Company PSE and Cascade Natural Gas
      • Number of Available Pads 0
      • Lot Square Footage 5,001
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 1,582
      • Total Monthly Rent $1,425
      • Gross Rent Multiplier 22
      • Cap Rate -NOI div LP 4
      • Gross Scheduled Income $17,100
      • Gross Adjusted Income $17,100
      • Total Expenses $3,272
      • NOI $13,828
      • Electrical Expenses $0
      • Tax Expense $2,248
      • Heating Expense $0
      • Insurance Expense $750
      • Other Expenses $1,500
      • Tax Year 2017
      • Annual Assoc. Dues $0



    98225 (Bellingham) Demographics

    29Median Age
    3,901Population Density (per sq. mile)
    52%College Educated
    $40,370 Estimated Median Income
    7,991Estimated Total Home Owners
    11,632Estimated Total Renters
    41% / 59%Estimated Owner / Renter Divide
    0Estimated Average Household Size
    49,240Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $517,500 Median Sales Price
    36 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $336,500
        9/26/2019 1:22:01 PM Status Changed Source New Value: Active
        7/1/2019 1:11:01 PM Status Changed Source New Value: Pending
        12/1/2017 1:34:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.