Motivated Seller! 7% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom—all in excellent shape. A unique chance to invest now and shape what’s next.
Active
Listed by:
Robert Sandoz,
Windermere Real Estate Whatcom,
Lorrie M. Dujmovich,
Windermere Real Estate Whatcom
Price cut: $300K (11/19)
$2,400,000
4777 Guide Meridian, Bellingham, WA 98226
8beds
4baths
12,255sqft
Est.:
Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$196/sqft
$-- HOA
What's special
- 37 days |
- 287 |
- 10 |
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