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    521 N Forest Street

    Bellingham, WA 98225
    • $3,949,000
    • STATUS: Active
    • ON SITE: 68 days
    • ID#: 1734256
    UPDATED: 59 min ago
    $3,949,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2020
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Hammer Properties Nw Inc..

    Description

    8 units one block from WWU. Never lack for tenants. Location can't be beat. Campus is a 2-minute walk, downtown, 10-minutes. Students love the walkable location. Owner-paid expenses are reasonable. Property is two well kept older homes, and one 2018 triplex and one 2021 triplex, almost completed. Complex rents fast. Return on investment is excellent! Never any vacancy. Listing is for 2 single-family houses, and 2 triplexes.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northern Key Realty | Compass Washington are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-05T16:15:00.107.

    www.northernkeyteam.com/homes/114520840
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    521 N Forest Street Bellingham, WA 98225

    • Price: $3,949,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 1734256
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    2020
    Built
    Neighborhood:
    Sehome
    County:
    Whatcom
    Area:
    Bellingham
    School District:
    Bellingham
    Property Description
    8 units one block from WWU. Never lack for tenants. Location can't be beat. Campus is a 2-minute walk, downtown, 10-minutes. Students love the walkable location. Owner-paid expenses are reasonable. Property is two well kept older homes, and one 2018 triplex and one 2021 triplex, almost completed. Complex rents fast. Return on investment is excellent! Never any vacancy. Listing is for 2 single-family houses, and 2 triplexes.
    Exterior Features

    Carport Spaces 6 Carport YN No Covered Spaces 6 Exterior Features Cement PlankedWoodWood Products Lot Features Adjacent To Public LandAlleyCurbsPavedSidewalk Open Parking Spaces 10 Open Parking YN Yes Parking Total 16 Parking Uncovered Spaces 10 Roof Composition Structure Type Multi Family Style Code 55 - 5-9 Units View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Flooring Ceramic TileVinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Forced Air Interior Features Ceramic Tile

    Property Features

    Electric Expense 288 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 259000 Insurance Expense 4188 Irrigation Water Rights YN No Leased Items None Listing Terms Cash Out Lot Number 3802365313470000 Net Operating Income 219972 New Construction YN Yes Possible Use Multi-Family Power Production Type ElectricNatural Gas Property Condition Very Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckElectric Car ChargingGas AvailableHigh Speed InternetSprinkler System Special Listing Conditions None Tax Annual Amount 24822 Tax Year 2019 Total Expenses 39028 Units In Building Total 8 Utilities Cable ConnectedHigh Speed InternetNatural Gas AvailableSewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 8760 Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Northern Key Realty | Compass Washington and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Northern Key Realty | Compass Washington are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-05-05T16:15:00.107.

     
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    Northern Key Realty | Compass Washington
    2033 6th Ave, #600
    Seattle WA, 98121
    Listing Courtesy of Hammer Properties Nw Inc..