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7368 Birch Bay Drive

Blaine, WA 98230
  • $1,195,000
  • STATUS: Active
  • ON SITE: 94 Days
  • ID#: 1888583
UPDATED: 24 min ago
$1,195,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1959
County:

School Ratings & Info

Listing Courtesy of Keller Williams Western Realty.

Description

Extensively updated income-generating 8-Plex less than a block from Birch Bay State Park offers easy access to restaurants, breweries, and shops. This renovated and extensively-maintained building has 8 fully rented 1 bed, 1 bath units ranging from 300-495 sq ft. 4.99% cap rate at current below-market rents. Canal access behind property for paddle-boarding, kayaking, or fishing. Property includes on-site coin-opp laundry, 3 storage sheds, and dedicated on-site parking. 4 units come furnished. Zoning is 'Commercial Motel' and property is currently self managed. Co-listing agent is a licensed Real Estate Broker in Washington State.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-17T19:15:55.947.

www.sourcerealestate.com/homes/125640671
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7368 Birch Bay Drive Blaine, WA 98230

  • Price: $1,195,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 24 min ago
  • ID#: 1888583
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1959
Built
Neighborhood:
Birch Bay
County:
Whatcom
Area:
Blaine/Birch Bay
Property Description
Extensively updated income-generating 8-Plex less than a block from Birch Bay State Park offers easy access to restaurants, breweries, and shops. This renovated and extensively-maintained building has 8 fully rented 1 bed, 1 bath units ranging from 300-495 sq ft. 4.99% cap rate at current below-market rents. Canal access behind property for paddle-boarding, kayaking, or fishing. Property includes on-site coin-opp laundry, 3 storage sheds, and dedicated on-site parking. 4 units come furnished. Zoning is 'Commercial Motel' and property is currently self managed. Co-listing agent is a licensed Real Estate Broker in Washington State.
Exterior Features

Carport YN No Covered Spaces 0 Exterior Features Wood Lot Size Dimensions 80X116x80x127 Open Parking YN No Parking Total 10 Roof Flat Structure Type Unspecified Style Code 60 - Comm Bldg Und 10K Topography Level

Interior Features

Building Area Total 0 Fireplace YN No Flooring Ceramic TileVinylCarpet Furnished Unfurnished Heating Cooling Type BaseboardWall Heating YN Yes Interior Features Ceramic TileWall To Wall Carpet Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Slab Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 15-16 Net Operating Income 59682 Possession Closing Possible Use CommercialResidential Power Company Pse Power Production Type Electric Property Condition Good Property Sub Type Commercial Industrial Senior Community YN No Sewer Sewer Connected Sewer Company Birch Bay Special Listing Conditions None Tax Annual Amount 3602 Tax Year 2021 Utilities Sewer ConnectedElectricity Available Water Company Birch Bay Water Source Public Zoning Class CommercialResidential Zoning Jurisdiction See Remarks

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Source Real Estate and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Source Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-17T19:15:55.947.

 
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Source Real Estate
15 E Central STE 200
Spokane WA, 99208
Listing Courtesy of Keller Williams Western Realty.