1401 Lakeway Drive
Bellingham, WA 98229
$719,000
Price
4
Beds
2
Baths
1,614 Sq. Ft.
$445 / Sq. Ft.
1,614
Sq. Ft.
$445
per Sq. Ft.
Virtual Tour
Virtual Tour
Listing provided courtesy of Redfin
Description
Don't miss this beautifully-upgraded duplex w/ long and short term rental options, 2-car garage, shed, ample off-street parking, rooftop deck and more! Upper Unit (A) boasts plush carpeting in the spacious living room w/ cozy gas fireplace and ample natural light. Good-size kitchen w/ updated granite counters and tile backsplash, 2 spacious bedrooms, full bath w/ modern flooring, private yard w/ deck and firepit area. Lower Unit (B) features a fully-furnished layout w/ new fridge, private yard, lovely...Don't miss this beautifully-upgraded duplex w/ long and short term rental options, 2-car garage, shed, ample off-street parking, rooftop deck and more! Upper Unit (A) boasts plush carpeting in the spacious living room w/ cozy gas fireplace and ample natural light. Good-size kitchen w/ updated granite counters and tile backsplash, 2 spacious bedrooms, full bath w/ modern flooring, private yard w/ deck and firepit area. Lower Unit (B) features a fully-furnished layout w/ new fridge, private yard, lovely vinyl flooring, 2 bedrooms and full bath. Storage shed w/ income potential (current rent $300/month), parking pad, great location near amenities and easy access to commuter routes. $10,000 towards buyer's closing costs.
- Listed by Jamie Edwards • Redfin
- Listed by Isaac May • Redfin
Property Details for 1401 Lakeway Drive
Community Name
Puget
School DistrictBellingham
ViewMountain(s), Territorial
Number of Assigned Spaces8
Total Covered Parking2
Entry Date10-11-2024
Energy SourceElectric,Natural Gas
SewerSewer Connected
LISTING UPDATED: 11/13/2024 10:56 AM
Property Details for 1401 Lakeway Drive
| Status | Active |
|---|---|
| MLS # | 2299285 |
| Days on Market | 37 |
| Cumulative Days on Market | 37 |
| Taxes | $5,120 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1922 |
| Lot Size | 0.14 AC / 6,098 SF |
| County | Whatcom County |
Virtual Tour
Building Information for 1401 Lakeway Drive
Stories2Residences2Year Built1922Building Size-Lot Size0.14 AC / 6,098 SF
Property Information for 1401 Lakeway Drive
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Deck, Dog Run, Electric Car Charging, Fenced-Fully, High Speed Internet, Outbuildings, Rooftop Deck, RV Parking, Shop
- Area: 860 - Bellingham
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Directions: Exit 253 from I-5 N. Left on Lakeway Drive, .4 miles. Property will be on the left.
- Leased Items: Furnace/Burner,Washer/Dryer,Water Tank
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Parking Type: RV Parking
- Open Parking Spaces: 6.0
- Open Parking: Yes
- Parking Features: RV Parking
Virtual Tour
- Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=uVWUXz29ZPF&mls=1
- Virtual Tour URL Unbranded2: https://my.matterport.com/show/?m=CayMumR6dvK&mls=1
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Hardwood, Laminate, See Remarks, Vinyl, Carpet
- Features: Hardwood, Laminate Hardwood, Wall to Wall Carpet
- Amenities: Storage
- Cooling: Yes
- Cooling: Forced Air
- Fireplace: No
- Heating: Yes
- Heating: Forced Air, Heat Pump, Insert
- FIRPTA: No
Exterior Features
- Exterior: Stucco
- Roof: Composition
- Security Features: PartiallyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 120
- Power Company: Puget Sound Energy
- Sewer Company: City Of Bellingham
- Water Company: City Of Bellingham
- Power Production Type: Electric, Natural Gas
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- Possible Use: Multi-Family
- MLS Square Footage Source: Realist - Buyer to verify
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 40
Lot Information
- Lot Details: Corner Lot, Paved
- Lot Size Source: Realist - Buyer to verify
- Parcel Number Free Text: 3803321865240000
- Building Condition: Good
- Calculated Square Footage: 1614
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1614.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 6
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $150
- Total Expenses: 6634
- Gross Adjusted Income: 46960
- Gross Rent Multiplier: 14.4
- Gross Scheduled Income: $52,080
- Insurance Expense: $1,194
- Net Operating Income: $40,326
- Other Expenses: $50
- Total Monthly Income: 4490
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 800
- Rent Unit 1: $2,340.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 800
- Rent Unit 2: $1,850.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1600.0
- Leasable Area Units: Square Feet
Property History for 1401 Lakeway Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1401 Lakeway Drive
Taxable ValueLand$384,956Additions$273,868Total$658,824
Tax Record2024$5,122 ($427 / month)
Home Facts
Baths2Total Finished SqFt1,600 SqFtAbove Ground SqFt800 SqFtFinished Basement SqFt800 SqFtStories1Lot Size6,255 SqFtStyleDuplexYear Built1922ZoningRM1.5CountyWHATCOMAPN380332 186524 0000Fireplace TypeHas Fireplace
Schools near 1401 Lakeway Drive
This home is within Bellingham Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 2 to 9 |
Rating | School | Distance |
|---|---|---|
Carl Cozier Elementary School PublicPK to 5 | ||
Kulshan Middle School Public6 to 8 | ||
Sehome High School Public9 to 12 | ||
Whatcom Discovery Public2 to 9 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Redfin
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
