211 Maple Street, Lynden, WA 98264
- $1,250,000
- 4,750
- SqFt
Listing courtesy of Bellwether Real Estate.
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- 2504180
- Price Change
- ▼ $75,000 1783725094
- Days on Market
- 70
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 4,750
- Area Total SqFt
- 4750
- Annual Tax Ammount
- 6936
- Lot Size (sq ft)
- 13,939
- Sewer
- Sewer Connected
Property Description
Excellent investment opportunity in a prime Lynden location. This well-maintained 6-unit multifamily property sits at the end of a quiet dead-end street and features a large off-street parking lot and spacious grassy backyard. Each townhouse-style unit offers 2 beds/1 bath, a private patio with storage locker, and updated vinyl flooring, with some units featuring new interior paint and flooring. Tenants enjoy a shared coin-op laundry room, recently refreshed with new paint and flooring, plus a large locked storage room for owner use. Recent exterior upgrades include all new hard-plank siding, new exterior paint, and a newer metal roof. Strong rental history with upside potential and opportunity to lease remaining units at market rates. Conveniently located near downtown Lynden, shopping, dining, parks, and schools.
Additional Information
- List Date
- 2026-05-19 18:13:11
- Community
- Lynden
- Net Operating Income
- $74,241
- Gross Adjusted Income
- $106,020
- Gross Scheduled Income
- $111,600
- Total Monthly Income
- $9,175
- Insurance Expenses
- $3,211
- Water/Sewer/Garbage Expenses
- $8,432
- Gross Rent Multiplier
- 11.2
- Total Expenses
- $31,778
- Cap Rate
- 5.94
- Vacancy Rate
- 5
- Total Number of Units
- 6
- Unit Name
- 211
- Potential Terms
- Cash, Conventional
- Year Built
- 1974
- View
- Territorial
- Roof
- Metal
- Site Features
- Fenced-Partially, Outbuildings, Patio
- Electric Expenses
- 1678
- Other Expenses
- 11519
- Energy Source
- Electric
- School District
- Lynden
- Elementary School
- Buyer To Verify
- Middle School
- Lynden Mid
- High School
- Lynden High
- Total Monthly Income
- $9,175
- Gross Scheduled Income
- $111,600
- Vacancy Rate
- 5
- Gross Adjusted Income
- $106,020
- Tax Year
- 2026
- Insurance Expense
- $3,211
- W/S/G Expenses
- $8,432
- Total Expenses
- $31,778
- Net Operating Income
- $74,241
- Gross Rent Multiplier
- 11.2
- Cap Rate
- 5.94
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.