1920 Alabama Street – Bellingham, WA

  • $1,300,000
1920 Alabama St, Bellingham, WA, 98229
For Sale
1920 Alabama Street – Bellingham, WA
1920 Alabama St, Bellingham, WA, 98229
  • $1,300,000

Overview

Property ID: 680307
  • Multi-Family
  • Property Type
  • For Sale
  • Listing Type
  • 5256
  • Building (sq ft)
  • 11374
  • Lot Size
  • 1975
  • Year Built
  • 6.83
  • Cap Rate
  • Multi-Family
  • Asset Class

Description

1920 Alabama Street #680307
Status: Available
Well maintained 6-unit apartment building located minutes from Barkley Village and Downtown Bellingham. Recent capital improvements include a new roof (2022) and exterior paint. Current rents are well-below market and leases are month-to-month, providing opportunity for immediate gross income increase. Fair market rent potential between $1500-1800 per month for the five 2 BD / 1 BA units and $1200-1400 per month for the 1 BD / 1 BA unit. This is a great opportunity for investors.

Market Area: Whatcom County
County: Whatcom
Listing Type: For Sale
Asset Class: Multi-Family
General Zoning: RM
Cap Rate: 6.83
Year Built: 1975
Construction Type: Wood
Floors: 2
Parking: 0  (Covered: 0 & Uncovered: 0)

Flyer:


Listing Courtesy of: Saratoga Commercial Real Estate – Amia Froese (#19618)

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.

Property Documents

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  • 1920 - Alabama St
    Bellingham, WA 98229
    USA
  • Whatcom County

Features

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Disclaimer: The information contained in this listing has not been verified by Muljat Group Inc. - Bellingham and should be verified by the buyer.

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