2603 Elm Street – Bellingham, WA

2603 Elm Street #679409
Status: Available
Introducing an exceptional investment opportunity in Bellingham, Washington – PURNELL at 2603 Elm St. This meticulously maintained property features nine apartments and one single-family home, offering a total of 10 units with significant potential for growth. Located in the desirable Columbia neighborhood, the property boasts a charming setting within walking distance to downtown Bellingham and amenities. With historically high occupancy rates and majority of units already renovated, PURNELL presents a turnkey investment opportunity with near-market rents. The strategic corner lot spanning 8,712 square feet holds the potential for future expansion or development. Projections indicate a substantial rent increase in the coming years, making this an attractive long-term investment. Don’t mis

Listing Courtesy of: Berkadia Real Estate Advisors – Steven Chattin (#19507)

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