820 32nd Street Bellingham, WA 98225
820 32nd Street
Bellingham, WA 98225
$17,950,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
This meticulously maintained 5 building, 57-unit apartment/townhouse complex has an outstanding 21+ year rental history. Unique expansion opportunity! Land is zoned for 27 additional units. New roofs, siding, and exterior paint in last 3 years; new double pane windows. All units beautifully remodeled (countertops, cabinet faces, flooring, fixtures) with upgraded appliances (full size washer/dryer in each unit). Conveniently located in a high demand area 1 mile from WWU; Minutes to Fairhaven ,Joe’s Garden & I-5. All units have 2 bedrooms (53-850 sq ft units; 4-1059 sq ft units; 4-ADA features; with 1-3/4 BA(32 apartments), 1-1/2 BA(21 townhouses),1 large BA(4 apartments). Excellent income producing property, CAP rate 4.9% (pro forma).
Watch Virtual Tour #1Property Features
Community: Sehome
10+ Units
View: City
View: Territorial
Cable TV
Deck
Fenced-Partially
High Speed Internet
Patio
Exterior: Cement Planked
Exterior: Wood
Roof: Composition
Year Built: 1988
2024 Taxes: $52463.00
Buyer Broker Compensation: 1.25%
Listing #: 2333623
Lot Details
Lot Size: 1.93 acres
Lot Dimensions: 490x200
Curbs
Paved
Sidewalk
No. of Units: 57
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Thermal Windows
See Remarks
Schools
District: Bellingham
Elem: Happy Vly Elem
Middle: Fairhaven Mid
High: Sehome High
Call or Email:
Grace Wamwere
What's Near 820 32nd Street Bellingham, WA 98225?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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