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540 Second St, Sumas, WA 98295

$590,000
Last sold 09/17/2021 for $480K
—
bed
—
bath
3,164
Sqft ($152/Sqft)

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About 540 Second St

Property type House

Neighborhood

Year built 1979

HOA fee $0/month

Lot size 7,841 Sqft

Movoto estimate

Property description

Great Multi-Family opportunity in this 7 bedroom and 4 bath 4-plex. There are 3 units with 2 bedrooms and 1 bath and 1 unit with 1 bedroom and 1 bath. The building has on-site laundry. Great location to all Sumas amenities and the Sumas border crossing. Utilities are included in rents.

Listed by

Listing Agent - Nathan P. Quessenberry

Listing Office - Keller Williams Western Realty

Source: NWMLS

MLS#1793251 • last updated 1 year ago

Movoto checked NWMLS for data 15 minutes ago

Overview
Levels/Style	Quadruplex
MLS #	1793251
SubType	Multi-Family
Type	Residential Income
SqFt	3164
Status	Sold
Lot Size (SqFt)	7841
Lot Size (Acres)	0.18
Property Tax	4369
Buying Office	Windermere Real Estate Whatcom
Year Built	1979
Buying Office Phone	360-354-4455
Condition	Average

Interior
Flooring	Laminate

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	4
# Parking Spaces	4
# Uncovered Spaces	4
Exterior Features	Metal/Vinyl

Amenities / Utilities
Sewer/ Septic	Sewer Connected, Sumas
Water	Public
Water Company	Sumas
Power Company	PSE
Power Production: Type	Electric

Location
View	Territorial
County	Whatcom
Subdivision	Sumas
Area	890 - Nooksack Valley
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Nooksack Valley
High School	Buyer To Verify
APN	4104351082130000
Zoning	Multi-Family

Multifamily Details
Net Operating Income	23728
Capitalization Rate	4.7
Expense: Insurance	800
Expense: Electricity	1400
Gross Scheduled Income	32700
Expense: Other	1100
Gross Adjusted Income	32700
Total Expenses	8869
Gross Rent Multiplier	15
Nwm_Totalmonthlyincome	2775

Lot/ Land Details
Site Features	Cable TV, Deck, High Speed Internet, Patio

$590K

Range: $466K-$713K

Last 30 days

Lower your payment with the loan terms that fit you.

Sep 2021
MLS # 1793251
Sep 17, 2021 Sold
$480,000 (-4.0%)
Jul 13, 2021 Pending
—
Jun 18, 2021 Listed
$500,000 (-27.3%)
Apr 2021
MLS # 1743596
Apr 12, 2021 Price Change
$687,999 (-1.0%)
Mar 16, 2021 Listed
$695,000 (+16.8%)
Feb 2020
MLS # 1522659
Feb 8, 2020 Price Change
$595,000 (-4.8%)
Jan 12, 2020 Price Change
$625,000 (-5.2%)
Dec 2, 2019 Price Change
$659,000 (-0.9%)
Nov 8, 2019 Price Change
$665,000 (-1.5%)
Oct 7, 2019 Price Change
$675,000 (-3.3%)
Sep 23, 2019 Listed
$698,000
Sep 20, 2019 Listed
$698,000 (+93.9%)
Jun 2018
MLS # 1304926
Jun 5, 2018 Listed
$360,000

540 Second St
$480K
890 - Nooksack Valley
—
98295
$399K -13% y/y
Sumas
$399K -13% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
515 1st St, Sumas, WA 98295	$449,000	3/2	1,920	0.02
521 1st St, Sumas, WA 98295	$332,000	2/1	1,118	0.03
586 2nd St, Sumas, WA 98295	$349,000	3/1	1,322	0.03
533 1st St, Sumas, WA 98295	$364,000	2/2	784	0.03
511 2nd St, Sumas, WA 98295	$395,000	3/2	1,386	0.04
535 1st St, Sumas, WA 98295	$48,000	—/—	340	0.04
523 2nd St, Sumas, WA 98295	$407,000	3/2	1,386	0.04
503 2nd St, Sumas, WA 98295	$94,000	—/—	1,008	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.