820 32nd Street

Bellingham, WA 98225

  • Bed

  • Bath

  • 51316 SqFt

  • 166 DOM

  • Built: 1988

  • Status: Active

$15,950,000

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820 32nd Street

Bellingham 98225

$15950000

  • Bed

  • Bath

  • 51316 SqFt

  • 166 DOM

  • Built: 1988

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

This well-maintained 57-unit apartment/townhouse complex (5 bldg) is in a high demand area, 1 mile from WWU. Strong reliable rental history. Roofs replaced and exterior painted last 3 years; windows new with dbl pane. Units remodeled (countertops, cabinet faces, flooring fixtures, upgraded appliances). Full size washer/dryer in each unit. Rare opportunity:land is zoned for 27 additional units. 2 minutes from I/5, Historic Fairhaven, excellent shopping, and next to Joe’s Garden. All units have 2 bedrooms (53 – 850 sq ft units; 4 – 1,059 sq ft units; 4 – ADA features). Baths: 32 apts with 1 – ¾ bath; 21 townhouses with 1 – ½ bath; 4 apts with 1 large bath. Bellingham has high growth but limited new supply. Excellent income producing property.

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