20-unit apartment complex in the heart of Bellingham. 14-2bd 1 bth, 6-1 bd 1 bth all with washer/dryers and dishwashers. Study the rents, this prime location and solid building and it becomes apparent why its only had a few owners since built AND you will see a nice current upside potential along with the rocksteady performance. Opportunities like this are few and far between and only because owner is leaving the state is this available for the next beneficiary. All numbers are actual 2020 COVID moratorium numbers and it still shines! Approximate $30,000 potential income increase (without increasing rents) at moratorium end makes this perfect timing! Sound familiar? Check out MLS #1760039
Sold
Listed by:
Spencer Flannery,
RE/MAX Whatcom County, Inc.,
Donavan Welchert,
RE/MAX Whatcom County, Inc.
$4,262,000
2233 Woburn Street, Bellingham, WA 98229
--beds
--baths
15,040sqft
Multi Family
Built in 1979
-- sqft lot
$4,262,000 Zestimate®
$283/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: September 05, 2024 at 05:42am
Listed by:
Spencer Flannery,
RE/MAX Whatcom County, Inc.,
Donavan Welchert,
RE/MAX Whatcom County, Inc.
Bought with:
Steven Fischer, 87455
Westlake Associates, Inc.
Tyler Smith, 24028396
Westlake Associates, Inc.
Source: NWMLS,MLS#: 1762937

Facts & features
Interior
Heating
- Has Heating (Unspecified Type)
Features
- Flooring: Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 15,040
- Total interior livable area: 15,040 sqft
Property
Parking
- Total spaces: 33
- Parking features: Open
- Uncovered spaces: 33
Features
- Patio & porch: Laminate, Wall to Wall Carpet
Lot
- Size: 0.68 Acres
- Features: Cable TV, Deck, High Speed Internet
Details
- Parcel number: 3803294805480000
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal/Vinyl, Wood Products
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1979
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Sewer Connected, Company: City of Bellingham
- Water: Public, Company: City of Bellingham
- Utilities for property: Cable Connected, High Speed Internet, Sewer Connected, Electric
Community & neighborhood
Location
- Region: Bellingham
- Subdivision: Roosevelt
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 1403 days