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  • Listed by: 

    Loren Van Corbach,

    Windermere Real Estate Whatcom

    $1,750,000

    2213 DeJong Drive, Lynden, WA 98264

    --beds
    --baths
    5,863sqft
    Quadruplex
    Built in 2022
    -- sqft lot
    $1,856,700 Zestimate®
    $298/sqft
    $-- HOA

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: September 05, 2024 at 05:46am

    Listed by:

    Loren Van Corbach,

    Windermere Real Estate Whatcom

    Bought with:

    Caroline Bergeron, 20114735

    eXp Realty

    Source: NWMLS,MLS#: 2043011MLS Logo

    Facts & features

    Interior

    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Features
    • Flooring: Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 5,863
    • Total interior livable area: 5,863 sqft

    Property

    Parking
    • Total spaces: 15
    • Parking features: Open
    • Covered spaces: 6
    • Uncovered spaces: 9
    Features
    • Patio & porch: Wall to Wall Carpet
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.31 Acres
    • Features: Curbs, Paved, Sidewalk, Cable TV, High Speed Internet, Patio
    Details
    • Parcel number: 400316645250000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Cement/Concrete, Stone
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Very Good
    • New construction: Yes
    • Year built: 2022

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: City of Lynden
    • Water: Company: City of Lynden
    • Utilities for property: Xfinity, Xfinity

    Community & neighborhood

    Location
    • Region: Lynden
    • Subdivision: Lynden

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 746 days
    Services availability
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