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Listing Provided by Hammer Properties NW Inc.  
$3,949,000
521 N Forest St, Bellingham, WA 98225
0 Beds
0 Baths
11,410 sqft

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Listing Provided by Hammer Properties NW Inc.  
8 units one block from WWU. Never lack for tenants. Location can't be beat. Campus is a 2-minute walk, downtown, 10-minutes. Students love the walkable location. Owner-paid expenses are reasonable. Property is two well kept older homes, and one 2018 triplex and one 2021 triplex, almost completed. Complex rents fast. Return on investment is excellent! Never any vacancy. Listing is for 2 single-family houses, and 2 triplexes.
  • Price:
  • $3,949,000
  • Square Footage:
  • 11,410
  • Acreage:
  • 0.32
  • Year Built:
  • 2020
  • Listing ID #:
  • NWM1734256
  • Street Address:
  • 521 N Forest St
  • City:
  • Bellingham
  • State:
  • Washington
  • Postal Code:
  • 98225
  • County:
  • Whatcom
  • Community:
  • 860 - Bellingham
  • Subdivision:
  • Sehome
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Amenities:
  • Basement, Fire Sprinklers, Storage
  • Approximate Square Footage Range:
  • 11410
  • Building Condition:
  • Very Good
  • Exterior Description:
  • Cement Planked, Wood, Wood Products
  • Flooring:
  • Ceramic Tile, Vinyl, Carpet
  • Foundation:
  • Poured Concrete
  • Furnished:
  • Unfurnished
  • Interior Features:
  • Ceramic Tile
  • Leasable Square Feet:
  • 11410
  • New Construction:
  • Yes
  • Number Of Units:
  • 8
  • Stories:
  • 3
  • Structure:
  • Multi Family
  • Style:
  • 55 - 5-9 Units
  • Total Building Square Footage:
  • 11410
  • Type Of Roof:
  • Composition
  • View:
  • Bay
  • Year Built:
  • 2020
  • Annual Electric Expenses:
  • 288
  • Annual Insurance Expenses:
  • 4188
  • Expenses:
  • 29239
  • Net Operating Income:
  • 219972
  • Lot Features:
  • Adjacent To Public Land, Alley, Curbs, Paved, Sidewalk
  • Lot Number:
  • 3802365313470000
  • Lot Size Units:
  • Square Feet
  • Lot Square Footage:
  • 13764
  • Suitable Use:
  • Multi-Family
  • On Market Date:
  • 2021-02-25
  • Originating Mls:
  • Nwmls
  • Terms:
  • Cash Out
  • Street Type:
  • Street
  • Subdivision:
  • Sehome
  • Property Taxes:
  • $24,822
  • Tax Year:
  • 2019
  • Covered Parking Spaces:
  • 6
  • Number Of Carport Spaces:
  • 6
  • Parking Spaces:
  • 16
  • Uncovered Parking Spaces:
  • 10
  • Existing Water:
  • Public
  • Sewage Type:
  • Sewer Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided by Hammer Properties NW Inc.
  • Disclaimer: The information contained in this listing has not been verified by the member's firm and should be verified by the buyer. WANWMLS

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