820 32nd StreetBellingham, WA 98225
Listing courtesy of Kevin Geraghty of Windermere Real Estate Whatcom
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This meticulously maintained 5 building, 57-unit apartment/townhouse complex has an outstanding 21+ year rental history. Unique expansion opportunity! Land is zoned for 27 additional units. New roofs, siding, and exterior paint in last 3 years; new double pane windows. All units beautifully remodeled (countertops, cabinet faces, flooring, fixtures) with upgraded appliances (full size washer/dryer in each unit). Conveniently located in a high demand area 1 mile from WWU; Minutes to Fairhaven ,Joe’s Garden & I-5. All units have 2 bedrooms (53-850 sq ft units; 4-1059 sq ft units; 4-ADA features; with 1-3/4 BA(32 apartments), 1-1/2 BA(21 townhouses),1 large BA(4 apartments). Excellent income producing property, CAP rate 4.2% (pro forma).
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
Listing courtesy of Kevin Geraghty of Windermere Real Estate Whatcom
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Last checked: 2025-04-16 12:02 PM PDT
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