Candini Lla - 312 Nooksack Avenue
Lynden, WA 98264
- – beds
- – baths
- 3,752 sqft
- 13,504 sqft lot
- $306 per sqft
- 2003 build
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!
Last checked:
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Checking…
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Last updated Jan 16, 2025
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MLS# 2322702 —
The Building
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Year Built:2003
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New Construction:false
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Building Name:Candini Lla
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Structure Type:Quadruplex
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Exterior Features:Cement Planked
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Roof:Composition
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Units In Building Total:4
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Foundation Details:Block
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# of Units Total:4
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Stories Total:2
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Building Area Total:3752
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Building Area Units:Square Feet
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Calculated SqFt:3752
Interior
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Interior Features:Laminate, Wall to Wall Carpet
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Flooring:Laminate, Carpet
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:48.948663
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Longitude:-122.443819
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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.
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Parcel Number:4003205045260000
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Lot Number:1
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Lot Features:Alley, Corner Lot, Curbs, Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Dimensions:15' x 89'
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Lot Size Acres:0.31
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Lot Size SqFt:13504
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Lot Size Source:Realist
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Zoning Class:Multi-Family
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Zoning Jurisdiction:City
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View:Territorial
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View:true
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Waterfront:false
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Possible Use:Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (360) 734-7500
- Office phone:
- (360) 734-7500
Taxes
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Tax Year:2024
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Tax Annual Amount:5738
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:true
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Heating:true
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Cooling:Forced Air
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Heating:Forced Air
Utilities
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Water Company:City Of Lynden
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Water Source:Public
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Sewer:Sewer Connected
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Sewer Company:City Of Lynden
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Power Company:Pse
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Water Sewer Garbage:5800
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Cable Connected:Comcast
Schools
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Elementary School:Fisher Elem
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Middle Or Junior School:Lynden Mid
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High School:Lynden High
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High School District:Lynden
The Community
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Subdivision Name:Lynden
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Amenities:Basement
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Senior Community:false
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Association:false
Parking
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Parking Total:9
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Parking Uncovered Spaces:5
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Open Parking:true
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Open Parking Spaces:5
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Carport:false
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Covered Spaces:4
Listing courtesy of NWMLS / Windermere Real Estate Whatcom
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/16/25
Jan 16, 2025
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Listed / Active | NWMLS | $1,150,000 | |
|
2/7/24
Feb 7, 2024
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Relisted | NWMLS | ||
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11/22/22
Nov 22, 2022
|
Pending | NWMLS |
