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Listing Provided by RE/MAX Whatcom County  
$1,600,000
2000 Alabama St, Bellingham, WA 98229
10 Beds
10 Baths
6,240 sqft

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Listing Provided by RE/MAX Whatcom County  
10-unit apartment building in the Roosevelt neighborhood, one of Bellingham's most prime rental districts. Building has been very well maintained. All but one unit has been updated and some more recent than others. 75% of the windows are new, new gutters with screens, exterior is freshly painted, plus cracked concrete in parking lot scheduled to be replaced. 4.8% CAP even with all units under market rental rates! Low maintenance, low expenses, low current rents means this investment will only get better. This is a fantastic property to add or start your investment portfolio.
  • Price:
  • $1,600,000
  • Bedrooms:
  • 10
  • Square Footage:
  • 6,240
  • Acreage:
  • 0.35
  • Year Built:
  • 1976
  • Listing ID #:
  • NWM1819509
  • Street Address:
  • 2000 Alabama St
  • City:
  • Bellingham
  • State:
  • Washington
  • Postal Code:
  • 98229
  • County:
  • Whatcom
  • Community:
  • 860 - Bellingham
  • Subdivision:
  • Roosevelt
  • Listing Status:
  • Pending
  • Listing Type:
  • Residential Income
  • Approximate Square Footage Range:
  • 6240
  • Exterior Description:
  • Wood Products
  • Foundation:
  • Poured Concrete
  • Furnished:
  • Unfurnished
  • Leasable Square Feet:
  • 6240
  • Number Of Units:
  • 10
  • Stories:
  • 2
  • Structure:
  • Multi Family
  • Style:
  • 56 - 10+ Units
  • Total Building Square Footage:
  • 6240
  • Type Of Roof:
  • Composition
  • Year Built:
  • 1976
  • Annual Insurance Expenses:
  • 3527
  • Net Operating Income:
  • 77096
  • Lot Size Units:
  • Square Feet
  • Lot Square Footage:
  • 15246
  • Suitable Use:
  • Multi-Family
  • On Market Date:
  • 2021-08-05
  • Originating Mls:
  • Nwmls
  • Terms:
  • Cash Out, Conventional
  • Subdivision:
  • Roosevelt
  • Property Taxes:
  • $8,832
  • Tax Year:
  • 2021
  • Parking Spaces:
  • 14
  • Uncovered Parking Spaces:
  • 14
  • Existing Water:
  • Public
  • Sewage Type:
  • Sewer Connected
  • Unit 1 Monthly Rent:
  • 1000
  • Unit 1 Name:
  • 1
  • Unit 1 Square Footage:
  • 624
  • Unit 1 Total Bathrooms:
  • 1
  • Unit 1 Total Bedrooms:
  • 1
  • Unit 10 Monthly Rent:
  • 700
  • Unit 10 Name:
  • 10
  • Unit 10 Square Footage:
  • 624
  • Unit 10 Total Bathrooms:
  • 1
  • Unit 10 Total Bedrooms:
  • 1
  • Unit 2 Monthly Rent:
  • 800
  • Unit 2 Name:
  • 2
  • Unit 2 Square Footage:
  • 624
  • Unit 2 Total Bathrooms:
  • 1
  • Unit 2 Total Bedrooms:
  • 1
  • Unit 3 Monthly Rent:
  • 900
  • Unit 3 Name:
  • 3
  • Unit 3 Square Footage:
  • 624
  • Unit 3 Total Bathrooms:
  • 1
  • Unit 3 Total Bedrooms:
  • 1
  • Unit 4 Monthly Rent:
  • 800
  • Unit 4 Name:
  • 4
  • Unit 4 Square Footage:
  • 624
  • Unit 4 Total Bathrooms:
  • 1
  • Unit 4 Total Bedrooms:
  • 1
  • Unit 5 Monthly Rent:
  • 800
  • Unit 5 Name:
  • 5
  • Unit 5 Square Footage:
  • 624
  • Unit 5 Total Bathrooms:
  • 1
  • Unit 5 Total Bedrooms:
  • 1
  • Unit 6 Monthly Rent:
  • 750
  • Unit 6 Name:
  • 6
  • Unit 6 Square Footage:
  • 624
  • Unit 6 Total Bathrooms:
  • 1
  • Unit 6 Total Bedrooms:
  • 1
  • Unit 7 Monthly Rent:
  • 800
  • Unit 7 Name:
  • 7
  • Unit 7 Square Footage:
  • 624
  • Unit 7 Total Bathrooms:
  • 1
  • Unit 7 Total Bedrooms:
  • 1
  • Unit 8 Monthly Rent:
  • 800
  • Unit 8 Name:
  • 8
  • Unit 8 Square Footage:
  • 624
  • Unit 8 Total Bathrooms:
  • 1
  • Unit 8 Total Bedrooms:
  • 1
  • Unit 9 Monthly Rent:
  • 800
  • Unit 9 Name:
  • 9
  • Unit 9 Square Footage:
  • 624
  • Unit 9 Total Bathrooms:
  • 1
  • Unit 9 Total Bedrooms:
  • 1
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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 RE/MAX Whatcom County
  • 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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