820 32nd ST Active

Bellingham,WA 98225

$ 16950000

114 Beds

91.5 Baths

51316 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 51,316 sqft

Price per Sqft $330

Subdivision Sehome

MLS Listing ID 2333623

Style 56 - 10+ Units

Bedrooms 114

Year Built 1988

Annual Tax Amount $52,463

Lot Size 1.930 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Flooring Vinyl,Carpet

Exterior

Exterior Feature Cement Planked,Wood

Amenities Available Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio

View Y/N Yes

View City,Territorial

Roof Type Composition

Building

Lot Description Curbs,Paved,Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Happy Vly Elem

Middle Schools Fairhaven Mid

High Schools Sehome High

School District Bellingham

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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