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  • 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

    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

    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#: 1762937MLS Logo

    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
    Services availability