Bought with Coldwell Banker Bain
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Key Details
Sold Price $1,185,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $379
Subdivision Happy Valley
MLS Listing ID 2440509
Style 55 - 5-9 Units
Bedrooms 5
Year Built 1973
Annual Tax Amount $7,257
Lot Size 9,148 Sqft
Property Sub-Type Multi Family
Property Description
Incredible Southside Multi-Family Investment! Just blocks from WWU and Sehome Hill Arboretum, and minutes to Fairhaven, downtown, schools, restaurants, trails, and shopping, this well-positioned 5-plex offers outstanding rental stability. Each one-bedroom unit includes a private patio, storage, and strong rental history with consistently low vacancy rates. On-site coin-op laundry adds convenience for tenants. Property features a durable metal roof, newer windows, and efficient hot water tanks for low-maintenance ownership. Currently owner-managed, the building is fully leased through August 31, 2026, delivering immediate income and long-term security.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Flooring Laminate, Vinyl, Carpet
Exterior
Exterior Feature Wood
Amenities Available Cable TV, High Speed Internet, Patio
View Y/N Yes
View Territorial
Roof Type Metal
Building
Lot Description 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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Brian O Gass
Principle Broker | License ID: 201235550
Principle Broker License ID: 201235550