KIM MULLIGAN
Engel & Voelkers Seattle/Eastside
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206.579.9066
KIM MULLIGAN
Engel & Voelkers Seattle/Eastside
KIM MULLIGAN
Engel & Voelkers Seattle/Eastside
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
ACTIVE

$1,499,000

540 Drayton Street, Lynden, WA, 98264

30
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
Listing Agent: Jacson Bevens
Courtesy of: Brandon Nelson Partners
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264
540 Drayton Street, Lynden, WA, 98264

Information

Price: $1,499,000
Year Build: 2003
Square Footage: 5,436 Sq ft

Nearby Schools

Fisher ElemElementary School
Lynden MidMiddle School
Lynden HighHigh School

Details

Address: 540 Drayton Street
County: Whatcom
City: Lynden
Neighborhood: 885 - Lynden, Lynden
Zip: 98264
State: Washington

Taxes

Property Taxes: $7,769
Tax Year: 2022

Description

TWO triplexes on one lot in a great location, creating an amazing investment opportunity! All units are 2-bed/2-bath with single-car garage + washer/dryer. *Tenants pay all utilities*. Property generates a GSI of $95k with a low expense ratio resulting in a robust NOI of $80k and a healthy Cap Rate of 5.4%. Fully rented with no vacancies. Current numbers reflect a management fee of $5,166. If self-managed, Cap Rate increases to 5.74%! Buildings are in good condition in a cute Lynden neighborhood.

Location

Map
Print Details
540 Drayton Street, Lynden, WA, 98264
Listing Agent: Jacson Bevens Courtesy of: Brandon Nelson Partners The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2022 NWMLS. Updated: 31st January, 2023 3:45 PM (UTC)

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