$ 4,995,000
-
$4,995,000
Price -
30
Bed -
13
Bath -
9,149
SqFt
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About the Listing 2624 - 48571,23380
Prime investor opportunity in Downtown Bellingham’s Urban Village. This 3-year-old, 13-unit building offers modern construction, low operating costs, and strong tenant demand in a highly walkable core location. Units feature contemporary finishes and efficient systems designed for long-term durability. Units have full appliance suite: range, fridge, dishwasher, washer+dryer. Ten parking spaces can be rented separately. There is a bike storage room and a bus stop out front. Five years remain on the Multi-Family Tax Exemption (MFTE), providing valuable tax savings and enhancing projected returns. With stable occupancy and minimal maintenance needs, this turnkey asset is ideal for investors seeking steady performance and future appreciation.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Multi-Family
MLS ®
2459615
Year Built
2022
Total Square Footage
9,149
Lot/Acreage
0.16
County
Whatcom
Building Name
New Whatcom
Neighborhood
Downtown
Area
860 - Bellingham
School District
Bellingham
Elementary School
Lowell Elementary
Middle School
Fairhaven Middle
High School
Sehome High
Interior Details
- Bedrooms: 30
- Bathrooms: 13 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Vinyl Plank
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: City of Bellingham
Exterior Details
- Lot Description: Alley,Secluded,Sidewalk,Cable TV,Gated Entry,High Speed Internet,Sprinkler System,Zoning: Multi-Family
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 55x125
- Zoning: Multi-Family
- Roof: Flat
- Others: Brick,Cement/Concrete,Metal/Vinyl,Very Good
- Sewer: City of Bellingham
Financial Details
- Tax Amount: $3,967
- Taxes w/Assessments: N/A
- Tax/Property ID: 3803303630040000
- Tax Year: 2025
Payment Calculator
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Questions About..
1309 Billy Frank Jr St Bellingham, WA 98225
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