2213 Dejong Drive Lynden, WA 98264
Listing Courtesy of: Northwest MLS / Windermere Real Estate/Whatcom, Inc. / Loren VanCorbach and eXp Realty

  2213 Dejong Drive Lynden, WA 98264

Sold (71 Days)
$1,750,000

Description

Ultimate investment opportunity! New 4-plex recently finished and fully occupied designed by JWR design and constructed by West Coast Developers promising a great use of space & quality construction demanding top rent! (2) 3-bed units with single car garages & (2) 4-bed units with double car garages. Tenants pay all utilities. Property generates a GSI of $118k with low expenses resulting in a robust NOI of $100k and a healthy Cap Rate of 5.4%. Current numbers reflect a management fee of $6,035. If all self managed cap rate increases to 5.8%! 7 wide plank floors, presidential carpet, ductless mini splits providing AC & heat, sparkling white quartz counters, & Whirpool stainless appliances. Fully landscaped, patios, & a low maintenance yard.

MLS #:
2043011
Taxes
$9,926(2023)
Lot Size
0.31 acres
Type
Multifamily
Year Built
2022
Style
4-Plex
Views
Territorial
School District
Lynden
County
Whatcom County
Community
Lynden

Listed By

Loren VanCorbach, Windermere Real Estate/Whatcom, Inc.
Bought with
Caroline Bergeron, eXp Realty
Source
Northwest MLS as distributed by MLS Grid
Last checked Jun 13 2024 at 7:19 PM GMT+0000
Bathroom Details
Interior Features
  • Wall to Wall Carpet
Subdivision
  • Lynden
Lot Information
  • Sidewalk
  • Paved
  • Curbs
Property Features
  • Patio
  • High Speed Internet
  • Cable Tv
  • Foundation: Poured Concrete
Flooring
  • Carpet
  • Vinyl Plank
Exterior Features
  • Stone
  • Cement/Concrete
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Lynden Mid
  • High School: Lynden High
Disclaimer: Based on information submitted to the MLS GRID as of 2024 6/13/24 12:19. 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.