WA > Lynden > Lynden
Lynden, WA 98264,312 Nooksack AVE
Lynden, WA 98264,312 Nooksack AVE
Lynden, WA 98264,312 Nooksack AVE
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Listed by Windermere Real Estate Whatcom
$1,150,000
Est. payment /mo
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9 BD
7 BA
3,752 SqFt
Pending

312 Nooksack AVE Lynden, WA 98264

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

02/04/2025 06:06 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,752 sqft

Price per Sqft $306

Subdivision Lynden

MLS Listing ID 2322702

Style 54 - 4-Plex

Bedrooms 9

Year Built 2003

Annual Tax Amount $5,738

Lot Size 0.310 Acres

Lot Dimensions 15' x 89'

Property Sub-Type Multi-Family

Property Description

Rare 6+% cap rate on this well-maintained 4-plex in a cute Lynden neighborhood! Featuring a 3-bed house + triplex on a single corner lot, this unique opportunity combines a strong financial profile with a great location. Generating over $91k GSI + $69k NOI, this property offers robust cash flow on top of future appreciation. Triplex units are all 2-bed/2-bath + have been remodeled/updated in the last year. All units have own laundry + 1-car garage. Triplex updates include flooring, paint, appliances, and counters. Financials reflect current professional management of 7% w/ self-managed potential for a 6.7% cap rate! Presents a tremendous 1031 option as well!

Location

State WA

County Whatcom

Area 885 - Lynden

Interior

Interior Features Laminate, Wall to Wall Carpet

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked

Amenities Available Cable TV

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Alley, Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Fisher Elem

Middle Schools Lynden Mid

High Schools Lynden High

School District Lynden

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA

Listing Terms Cash Out, Conventional, FHA

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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