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$1,125,000

  • Sold
  • Closed
  • Multi-Family

Listed by Jacson Bevens | Windermere Real Estate Whatcom | (360) 734-7500
Sold by Simon Karavai | Windermere Prof Partners

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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!

Full Property Details for 312 Nooksack Ave

General

  • Sold For: $1,125,000
  • Taxes: $5,738 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2322702
  • Added to Site: 502 day(s) ago

Interior

  • Interior Features: Laminate, Wall to Wall Carpet
  • Flooring: Laminate, Carpet

Additional Information

  • Amenities: Cable TV

Parking

  • Covered Spaces: 4
  • Uncovered Spaces: 5

Location

  • Area: 885 - Lynden
  • County: Whatcom
  • Subdivision: Lynden
  • Building Name: Candini LLA
  • Driving Directions: From Guide Meridian, east on Front St, north on 1st St, east on Grover, north on Nooksack Ave. Property on NE corner of Nooksack & Drayton.

School Information

  • High School District: Lynden
  • Elementary School: Fisher Elem
  • Middle School: Lynden Mid
  • High School: Lynden High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Forced Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Cement Planked
  • Foundation: Block
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 3,752
  • Aprox. Leasable: 3,752 Sq. Ft.
  • Year Built: 2003

Unit Information

  • Units in Building: 4

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.31
  • Lot Size (Sq. Ft.): 13,504
  • Lot Size Source: Realist
  • Lot Dimensions: 15' x 89'
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $5,738
  • Tax Year: 2024
  • Terms: Cash Out, Conventional, FHA

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 4003205045260000
  • Lot Number: 1

Listed by Jacson Bevens | Windermere Real Estate Whatcom | (360) 734-7500
Sold by Simon Karavai | Windermere Prof Partners

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 312 Nooksack Ave

School District:Lynden School District
NameGradesDistance
Fisher Elementary School
501 14th Street, Lynden, WA 98264
K-51.1 mi
Lynden Middle School
8750 Line Road, Lynden, WA 98264
6-81.5 mi
Lynden High School
1201 Bradley Road, Lynden, WA 98264
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 312 Nooksack Ave

Date
Details
Price
Change
Source
2/28/2025
Sold
$1,125,000
-2.17%
MLS
1/16/2025
Listed
$1,150,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Jacson Bevens | Windermere Real Estate Whatcom | (360) 734-7500
Sold by Simon Karavai | Windermere Prof Partners

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312 Nooksack Avenue, Lynden, WA 98264 (MLS# 2322702) is a Multi-Family property that was sold at $1,125,000 on February 28, 2025. Want to learn more about 312 Nooksack Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lynden? You can browse all Lynden real estate or contact a Coldwell Banker agent to request more information.