Bought with: Saratoga Commercial R.E.
$12,500,000
$14,250,000
12.3%For more information regarding the value of a property, please contact us for a free consultation.
114 Beds
57 Baths
51,316 SqFt
SOLD DATE : 08/21/2026
Key Details
Sold Price $12,500,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 51,316 sqft
Price per Sqft $243
Subdivision Sehome
MLS Listing ID 2333623
Sold Date 08/21/26
Style 56 - 10+ Units
Bedrooms 114
Year Built 1988
Annual Tax Amount $52,463
Lot Size 1.930 Acres
Lot Dimensions 490x200
Property Sub-Type Multi Family
Property Description
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.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Cement Planked, Wood
Amenities Available Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
View Y/N Yes
View City, Territorial
Roof Type Composition
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Happy Vly Elem
Middle Schools Fairhaven Mid
High Schools Sehome High
School District Bellingham
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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