Value in property is development potential. Highest and best use indicates development as two - Tri-Plex buildings featuring 3 bedroom/2 baths units would provide significant cash flow in today's tight rental market. Total gross rents could exceed $97,200/year. NOI is very high with limited debt burden and minimal operating expenses & maintenance associated with new buildings. Cost per unit for lot is $47,500. Potential for future capital appreciation is extremely high. Buy,develop,sell!
Off market
Street View
$542,300
2310 Queen St, Bellingham, WA 98229
4beds
1baths
1,190sqft
SingleFamily
Built in 1911
0.33 Acres lot
$542,300 Zestimate®
$456/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
Heating
- Baseboard
Features
- Flooring: Softwood, Linoleum / Vinyl
- Basement: Unfinished
Interior area
- Total interior livable area: 1,190 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
Features
- Exterior features: Wood
Lot
- Size: 0.33 Acres
Details
- Parcel number: 3803202370090000
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Concrete
- Roof: Other
Condition
- Year built: 1911
Community & neighborhood
Location
- Region: Bellingham
Services availability
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.