$1,300,000
1920 Alabama Street
Listing Type: For Sale
Property Type: Multi-Family
Status: Available
CBA ID#: 680307
Property Type: Multi-Family
Status: Available
CBA ID#: 680307
Marketing Description:
Well maintained 6-unit apartment building located minutes from Barkley Village and Downtown Bellingham. Recent capital improvements include a new roof (2022) and exterior paint. Current rents are well-below market and leases are month-to-month, providing opportunity for immediate gross income increase. Fair market rent potential between $1500-1800 per month for the five 2 BD / 1 BA units and $1200-1400 per month for the 1 BD / 1 BA unit. This is a great opportunity for investors.Land Features:
- Lot Size: 11374 SqFt
- Lot Acreage: 0.26 Acres
- Zoning: RM
Building Features:
- Building Size: 5256 SqFt
- Number of Floors: 2
- Cap Rate: 6.83%
- Construction: Wood
- Year Built: 1975
This Listing Supplied Courtesy of Saratoga Commercial Real Estat
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
