Bellingham, WA 98225
Bed
Bath
51316 SqFt
166 DOM
Built: 1988
$15,950,000
$15950000
Bed
Bath
51316 SqFt
166 DOM
Built: 1988
Principal Broker
(503) 893-8874This 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.
Listing Provided Courtesy of Kevin Geraghty, Windermere Real Estate Whatcom
NWM2333623
Multi Family
166 DOM
1.93 acres
51316
1988
Multi-F
Whatcom
Happy Vly Elem
Fairhaven Mid
Sehome High
Residential Incom
Multi Family
Listing Provided Courtesy of Kevin Geraghty, Windermere Real Estate Whatcom
Krishna Realty data last checked: Aug 13, 2025 01:34 | Listing last modified Aug 11, 2025 16:12,
Source:
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51316
Composition
56 - 10+ Units
1988
Poured Concrete
See Remarks, Thermal
Cement Planked, Wood
Public
Sewer Connected
0
52463
Cash Out, Conventional
02-26-2025
166
166
Cash Out, Conventional
$19,000,888
$19,000,888
Aug 11, 2025 16:12
Listing courtesy of Windermere Real Estate Whatcom.
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Listing content is copyright © 2025 NWMLS of Seattle, Washington.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Krishna Realty data last checked: Aug 13, 2025 01:34 | Listing last modified Aug 11, 2025 16:12.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Principal Broker
(503) 893-8874This 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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