Motivated Seller! 7% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom—all in excellent shape. A unique chance to invest now and shape what’s next.
Listing Provided Courtesy of Bob Sandoz, Windermere Real Estate Whatcom
General Information
NWM2449593
Multi Family
18
DOM
9.6 acres
12255
1973
Industr
Whatcom
Irene Reither P
Meridian Mid
Meridian High
Residential Incom
Multi Family
Listing Provided Courtesy of Bob Sandoz, Windermere Real Estate Whatcom
Krishna Realty data last checked: Dec 05, 2025 08:14 | Listing last modified Nov 19, 2025 00:11,
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Residence Information
12255
Composition, Metal
55 - 5-9 Units
1973
Slab
See Remarks, Storage
Features and Utilities
Metal/Vinyl, Stucco, Wood
Private
Septic Tank
0
Financial
13968
Cash Out, Conventional
10-31-2025
Comparable Information
18
18
Cash Out, Conventional
$2,700,000
$2,700,000
Nov 19, 2025 00:11
Schools
Elementary : Irene Reither PN/ARatings Middle : Meridian Mid N/ARatings High : Meridian HighN/ARatings
Map
Listing courtesy of Windermere Real Estate Whatcom.
Motivated Seller! 7% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom—all in excellent shape. A unique chance to invest now and shape what’s next.
