606 N State Street

Bellingham, WA 98225

  • Bed

  • Bath

  • 1760 SqFt

  • 57 DOM

  • Built: 1972

  • Status: Active

$772,000

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606 N State Street

Bellingham 98225

$772000

  • Bed

  • Bath

  • 1760 SqFt

  • 57 DOM

  • Built: 1972

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

You didn't imagine your investment property looking like this, huh? A South Hill duplex feat sunset views of the bay, city, + islands that's centered btw downtown, Fairhaven, + WWU creates an attractive location for renters + owner-occupants alike. Upper unit has 2 beds, 1.75 baths, vaulted ceilings, + a kitchen/living/dining area that opens onto expansive west-facing deck. Lower unit has 2 beds, 3/4 bath, + patio, w/ both levels offering in-unit laundry. 4 total parking spots incl carport w/ 2 storage lockers. Bolstered by low expenses, the strong 5.3% cap rate can be improved even further by bringing lower unit rents up to market or, use lower rent to subsidize while living upstairs. A trinity of location, appeal, + financial opportunity!

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