5331 Evergreen Drive, Bellingham, WA 98226

$750,000
2,524
SqFt

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Listing courtesy of eXp Realty.

List Price
$750,000
Status
ACTIVE
MLS#
2519154
Days on Market
75
Style
52 - Duplex
Finished SqFt
2,524
Area Total SqFt
2524
Annual Tax Ammount
6025.78
Lot Size (sq ft)
30,492
Sewer
Septic Tank
Offer Review Date
2026-05-22

Property Description

Welcome to this rare, park-like property on nearly one acre at the end of a quiet North Bellingham cul-de-sac. The home includes an attached 2-bedroom unit-ideal for multigenerational living, or rental income. The grounds are a true retreat: mature trees, garden space, fruit trees, and room to roam. There's space to park an RV with power onsite, a large 3 car detached garage/shop provides for abundant storage and workspace. Close to bus lines and grocery shopping. This is a rare opportunity-must see to appreciate. Shown By Appointment

Additional Information

List Date
2026-06-07 19:57:12
Community
Bellingham
Net Operating Income
$44,114
Gross Adjusted Income
$53,400
Gross Scheduled Income
$53,400
Total Monthly Income
$4,450
Insurance Expenses
$2,300
Water/Sewer/Garbage Expenses
$960
Gross Rent Multiplier
14
Total Expenses
$9,285
Cap Rate
5.88
Total Number of Units
2
Unit Name
5331
Potential Terms
Conventional, FHA, USDA Loan, VA Loan
Year Built
1977
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio, RV Parking, Shop
Energy Source
Electric, Natural Gas, Wood
School District
Ferndale
Elementary School
Cascadia Elem
Middle School
Vista Mid
High School
Ferndale High
Total Monthly Income
$4,450
Gross Scheduled Income
$53,400
Gross Adjusted Income
$53,400
Tax Year
2026
Insurance Expense
$2,300
W/S/G Expenses
$960
Total Expenses
$9,285
Net Operating Income
$44,114
Gross Rent Multiplier
14
Cap Rate
5.88
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.
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