Price Reduction - Views
Listed By:
Muljat Group and NWMLS
Address
708 Grover Street, Lynden, WA
Price
$ 1,075,000
Property Attributes
  • ID#2570802
  • TypeMulti-Family
  • CountyWHATCOM
  • CityLynden
  • AreaLynden
  • NeighborhoodLynden
  • Zip98264
  • Style5-9 Units
  • Year Built1963
  • Taxes$ 5540
  • Price$ 1,075,000
  • Bedrooms6
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3370
  • Lot Size0.27 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Investment opportunity in the heart of Lynden! This well-maintained 6-unit multi-family property offers a convenient location near schools, shopping, and everyday services. Fully rented, providing immediate income for the next owner. Numerous updates have been completed over the years, including a new roof in 2024, exterior paint in 2023, updated bathroom flooring and fixtures in 2018, and quartz countertops, faucets, and sinks in all unit kitchens in 2015. A solid opportunity to add an established, income-producing multifamily property to your investment portfolio.

Elementary School Middle School
Buyer To Verify Elementary School Lynden Mid
Price History
8/19/2026 Listed $1,100,000
9/9/2026 3$1,075,000

General Features

Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing,Subject To Tenant Rights
Roof Composition
Year Built 1963
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Whatcom
Net Operating Income 47584
Insurance Expense 4769
New Construction No
Property Type Residential Income
HOA No
Energy Efficient Thermal Windows
Subdivision Name Lynden
Special Listing Conditions None
Status Active
Directions Use your preferred GPS
City Lynden
Senior Community Y/N No
High School District Lynden
Number Of Units Total 6
MLS Area 885 - Lynden
Lot Size Units Square Feet
Lot Size Square Feet 11761
Carport Spaces 8
Carport Y/N No
Listing Terms Cash,Conventional
Elementary School Buyer To Verify
Tax Annual Amount 5540
Electric Expense 488
Fuel Expense 1464
Middle/Junior High School Lynden Mid
Property Condition Very Good
Public Remarks Investment opportunity in the heart of Lynden! This well-maintained 6-unit multi-family property offers a convenient location near schools,shopping,and everyday services. Fully rented,providing immed
Leasable Area 3370
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement,Thermal Windows
Water Company City of Lynden
Units Below Grade false
Units In Building Total 6
Water Sewer Garbage 6146
Property Style 55 - 5-9 Units
Cap Rate 4.3
NWM_ShowMapLink Yes

Interior Features

Flooring Laminate,Vinyl,Carpet
Total Stories 1
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Power Production Type Electric,Natural Gas

Exterior Features

Exterior Amenities Metal/Vinyl,Stucco,Wood
Lot Features Alley,Curbs,Paved,Sidewalk
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 3370
Lot Dimensions 86'X140'
Lot Size Acres 0.27
Waterfront Y/N No
Covered Spaces 8
Irrigation Water Rights Y/N No
Site Features Cabana/Gazebo,Cable TV,Gas Available,High Speed Internet,Patio
Lot Number 2&3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98264

Price
AVG $1.06M
$1.08M
Taxes
AVG $5,397
$5,540
Year Built
AVG 1948
1963
Visits
AVG 270
18
Data Provided by Inside Real Estate®