PROPERTIES FOR SALE

312 Nooksack Avenue Lynden, WA 98264

NWMLS Courtesy of Windermere Real Estate Whatcom
312 Nooksack Avenue
Lynden, WA 98264
$1,150,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending
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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!

Property Features

Community: Lynden
4-Plex
View: Territorial
Cable TV
Exterior: Cement Planked
Roof: Composition
Year Built: 2003
2024 Taxes: $5738.00
Listing #: 2322702

Lot Details

Lot Size: 0.31 acres
Lot Dimensions: 15' x 89'
Alley
Corner Lot
Curbs
Paved
Sidewalk
No. of Units: 4

Interior

Cooling: Forced Air
Heating: Forced Air
Electric

Common Features

Basement

Schools

District: Lynden
Elem: Fisher Elem
Middle: Lynden Mid
High: Lynden High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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