Provided by NWMLS, Bought with Windermere Prof Partners and Listed by Windermere Real Estate Whatcom

Sold

312 Nooksack Avenue

Lynden WA, 98264

$1,125,000


$299.84 per sqft

Sold

3,752 sqft

Multi-family

Built in 2003

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!

2322702

MLS ID

January 16, 2025

Listed

March 5, 2025

Updated

Interior Features

Total Stories

2


Interior Features

Laminate, Wall to Wall Carpet


Floor Description

Laminate, Carpet


Fireplace

No


Cooling

Yes


Cooling Description

Forced Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.31 Acres


Exterior Features

Cement Planked


Lot Features

Alley, Corner Lot, Curbs, Paved, Sidewalk


Roof

Composition


Sewer

Sewer Connected

School Information

School District

Lynden


High School

Lynden High


Elementary School

Fisher Elem

Other Property Details

Area Name

885 - Lynden


Taxes

$5,738


Tax Frequency

Annually


Garage

No


Parking Total

9


View

Yes


View Description

Territorial


County

Whatcom


Water Source

Public

Listing History

Date

Event

Price

2/28/2025

Sold

$1,125,000

1/27/2025

Pending

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 3/15/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 3/15/2025 at 5:00 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

©2025 Northwest Multiple Listing Service all rights reserved.

Data last updated on 3/15/2025 at 5:00 AM UTC 

John L. Scott Real Estate

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