REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Front Desk

frontdesk@muljatgroup.com +1(360) 733-3030

Listed by:Windermere RE Whatcom, Inc. • Lyle Sorenson

$ 1,690,000

Est. payment | -/mo

1,596 SqFt

Save

$ 1,690,000

Est. payment | -/mo

Save

1,596 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status First Look

Purchase Type For Sale

Square Footage 1,596 sqft

Price per Sqft $1,058

Subdivision Birchwood

MLS Listing ID 2581492

Style 56 - 10+ Units

Year Built 1974

Annual Tax Amount $9,863

Lot Size 0.730 Acres

Property Sub-Type Multi Family

Property Description

Opportunity Knocks. Affordable investment with a great return, this fully serviced 9 Unit Mobile Home Park plus an updated duplex in Bellingham is just minutes from schools, shopping, I-5 and the airport. 5 homes are park owned, 4 owners rent spaces and the 2 apartments are leased to provide a new owner with steady income at a 6.7% Cap Rate. Scheduled rent increases in November will boost the Cap to a generous 7%. Don't miss this rare opportunity to gain income and equity.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Flooring Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl, Stucco, Wood, Wood Products

Amenities Available Cable TV, Fenced-Partially, Gas Available, Outbuildings

View Y/N Yes

View Territorial

Roof Type Composition,Metal,Torch Down

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Bellingham

Others

Senior Community No

Acceptable Financing Cash, See Remarks

Listing Terms Cash, See Remarks

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

+1(360) 733-3030

frontdesk@muljatgroup.com

510 Lakeway Dr, Bellingham, WA 98225, USA

GET MORE INFORMATION

QUICK SEARCH

2625 W Maplewood AVE Bellingham, WA 98225