This well-maintained 57-unit apartment/townhouse complex (5 bldg) is in a high demand area, 1 mile from WWU. Strong reliable rental history. Roofs replaced and exterior painted last 3 years; windows new with dbl pane. Units remodeled (countertops, cabinet faces, flooring fixtures, upgraded appliances). Full size washer/dryer in each unit. Rare opportunity:land is zoned for 27 additional units. 2 minutes from I/5, Historic Fairhaven, excellent shopping, and next to Joe's Garden. All units have 2 bedrooms (53 - 850 sq ft units; 4 - 1,059 sq ft units; 4 - ADA features). Baths: 32 apts with 1 - ¾ bath; 21 townhouses with 1 - ½ bath; 4 apts with 1 large bath. Bellingham has high growth but limited new supply. Excellent income producing property.
|
LAST UPDATED
|
7/23/2025
|
NEIGHBORHOOD
|
Sehome
|
|
YEAR BUILT
|
1988
|
COMMUNITY
|
Sehome
|
|
COUNTY
|
Whatcom
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
| Elementary School |
Happy Vly Elem |
| Jr. High School |
Fairhaven Mid |
| High School |
Sehome High |
|
Prior to May 29, '25
|
$19,000,888
|
|
May 29, '25 - Jul 21, '25 |
$17,950,000
|
| Jul 21, '25 - Today |
$16,950,000 |
| AIR |
None |
| AREA |
860 - Bellingham |
| CONSTRUCTION |
Cement Siding, Wood Siding |
| HEAT |
Baseboard, Electric |
| LOT |
1.93 acre(s) |
| LOT DESCRIPTION |
Curbs, Paved, Sidewalk |
| LOT DIMENSIONS |
490x200 |
| MLS STATUS |
Active |
| STORIES |
3 |
| STYLE |
56 - 10+ Units |
| SUBDIVISION |
Sehome |
| TAXES |
52463 |
| UTILITIES |
Cable Available, Sewer Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City, Territorial |
| WATER |
Public |
| ZONING |
Multi-Family |
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