$1,149,000

5 Beds 2 Baths 2,804 SQFT 1.21 Acres
Type: Multi-Family

151 Bay Lyn Drive
Lynden, WA 98264

MLS#: 2482188
Presented by: eXp Realty and NWMLS

Property Description

 

Opportunities like this inside Lynden city limits are rare. This 1.2-acre property delivers immediate income and exceptional development upside. The existing home features a 3-bedroom main level plus a 1-bedroom+bonus room MIL suite, currently producing $3,700 per month. The true value lies in the three separate, legally parceled multi-family lots at the rear—zoned to allow up to 16 total units. In-city multi-family density with this level of flexibility is hard to find. Strong rental demand, prime location near shopping and services, and scalable development potential make this a standout investment. Secure cash flow today. Build long-term wealth tomorrow.


 

Interior Features

Bedrooms

Bedrooms Possible4
Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Laminate, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Building NameRitter Short Plat
Cap Rate0
Carport Spaces1
Carport Y/NNo
CityLynden
CoolingNone
CountyWhatcom
DirectionsGoogle Maps is great
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
Heating90%+ High Efficiency, Forced Air
High SchoolBuyer To Verify
High School DistrictLynden
Insurance Expense0
Leasable Area2,804 sqft
Listing TermsCash, Conventional, FHA, Owner Will Carry
Living Area0 sqft
Lot Size Square Feet52,707 sqft
Lot Size UnitsSquare Feet
MLS Area885 - Lynden
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income0
New ConstructionNo
Number Of Units Total3
PossessionClosing, See Remarks
Possible UseMulti-Family
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksOpportunities like this inside Lynden city limits are rare. This 1.2-acre property delivers immediate income and exceptional development upside. The existing home features a 3-bedroom main level plus
RoofComposition
Senior Community Y/NNo
SewerAvailable, Septic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameLynden
Tax Annual Amount$4,858
Tax Year2025
Units Below Gradefalse
Units In Building Total2
ViewMountains
Water CompanyCity of Lynden
Water Sewer Garbage0
Year Built1954
Zoning DescriptionMulti-Family

Exterior

Building Area Total2,804 sqft
Covered Spaces1
Exterior AmenitiesStucco
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Value In Land
Lot Size Acres1.21
Parking Uncovered Total5
Site FeaturesCable TV, Outbuildings, Shop
Total Parking6
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School
High School Buyer To Verify High School

  

Similar Properties

$1,149,000

5 Beds 2 Baths 2,804 SQFT 1.21 Acres
Type: Multi-Family

151 Bay Lyn Drive
Lynden, WA 98264

MLS#: 2482188