Turn key income generating property near a high-traffic road with 20,000+ cars driving daily. This 2 acre Property offers a 5bed 2bath Single Family Home with a garage, 3 large shops separately metered with a total of 8 big deep bays (2 are 45'x70' built in 2004 and 1 built in 2017), a studio with full kitchen & bathroom above one of the shops, and 7 connex style storage containers. All units currently rented with long term tenants who are now on a month-to-month providing rental income expandability! Additional storage containers used by owner can be rented out separately. The shops include office areas, lunch rooms, and restrooms. Ample parking, storage and space here offering Excellent opportunity! over 6% CAP close to $100k/yr net!
Sold for $1,165,000 on 06/27/25
$1,165,000
5562 Guide Meridian, Bellingham, WA 98226
5beds
9,952sqft
SingleFamily
Built in 1931
1.92 Acres Lot
$1,086,700 Zestimate®
$117/sqft
$3,372 Estimated rent
Home value
$1,086,700
$902,000 - $1.30M
$3,372/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Electric, Oil
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Flooring: Hardwood, Linoleum / Vinyl
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: wood stove
Interior area
- Total interior livable area: 9,952 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl, Wood, Metal
Lot
- Size: 1.92 Acres
Details
- Parcel number: 3903300273470000
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Concrete
- Roof: Composition
Condition
- Year built: 1931
Utilities & green energy
- Sewer: Septic
- Water: Community
Community & neighborhood
Location
- Region: Bellingham
Other
Other facts
- Dishwasher1: Y
- Refrigerator1: Y
- Property type: MULT
- Range/oven1: Y
- Refrigerator3: Y
- Range/oven3: Y
- Washer/dryer1: Y
- Exterior: Wood Products, Metal/Vinyl, Wood
- Foundation: Poured Concrete, Concrete Block, Slab
- Style: 53 - Tri-plex
- Form 17: Provided
- Possesion: Sub. Tenant's Rights, Closing
- Roof: Composition
- Building condition: Good
- Energy source: Electric, Propane
- Heating and cooling: Baseboard
- Sewer: Septic
- View: Territorial
- Amenities: Storage
- Potential terms: Conventional, Cash Out
- Water source: Community
- Site features: Cable TV, Gas Available, Outbuildings, High Speed Internet, RV Parking, Shop, Propane
- Floor covering: Hardwood, Vinyl
- Lot details: Value In Land
- Bathrooms4: 0.00
- Bathrooms5: 0.00
- Bathrooms6: 0.00
- Bathrooms3: 1.00
- Bathrooms1: 2.00
- Bathrooms2: 0.00
- Offers: Reviewed on receipt
- Commission: 3
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | $1,165,000-13.7%$117/sqft |
Source: Public Record Report a problem | ||
| 8/26/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 7/13/2022 | Listed for sale | $1,350,000$136/sqft |
Source: RE/MAX International #1765202 Report a problem | ||
| 6/22/2022 | Pending sale | $1,350,000$136/sqft |
Source: RE/MAX International #1742660 Report a problem | ||
| 4/5/2022 | Listed for sale | $1,350,000$136/sqft |
Source: RE/MAX International #1765202 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,118 +18.9% | $1,151,661 +5% |
| 2023 | $8,507 +11.4% | $1,096,820 +25.9% |
| 2022 | $7,640 +1.6% | $871,033 +16% |
Find assessor info on the county website
Neighborhood: 98226
Nearby schools
GreatSchools rating
- 6/10Irene Reither Primary SchoolGrades: PK-5Distance: 2.6 mi
- 7/10Meridian Middle SchoolGrades: 6-8Distance: 2.5 mi
- 5/10Meridian High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- District: Bellingham
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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.