$1,795,000

12 Beds 6 Baths 0 SQFT 0.59 Acres
Type: Multi-Family

3350 Cherrywood Avenue
Bellingham, WA 98225

MLS#: 2496625
Presented by: Windermere RE Whatcom, Inc. and NWMLS

Property Description

 

Great opportunity to own 3 sets of single-level duplexes, 6 units total. Each unit features 2 beds / 1 bath, living room w/ vaulted ceilings throughout, in-unit washer/dryer and a single car garage. Strong reliable rental history with path for new owner to improve rental potential. Duplexes are located in a quiet & walkable residential neighborhood offering convenient living for tenants with Costco, Fred Meyer, shopping, restaurants, parks, Bellingham waterfront, airport & I-5 access all only 5 minutes away. Long term tenants in place. Simple single-level building make this a great first multi-family investment opportunity or addition to your portfolio. Additional set of identical duplexes also listed for sale.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeNatural Gas
Total Fireplaces0
Total Stories1

General

AFH359
Building Area Units0 sqft
Cap Rate4.3
Carport Spaces0
Carport Y/NNo
CityBellingham
CoolingNone
CountyWhatcom
DirectionsNAV/GPS is correct
Electric Expense0
Fuel Expense0
Garage Spaces6
HOANo
HOA Fee$0
HeatingForced Air
High School DistrictBellingham
Insurance Expense3589
Leasable Area4,866 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet25,700 sqft
Lot Size UnitsSquare Feet
MLS Area860 - Bellingham
NWM_ShowMapLinkY
Net Operating Income77267
New ConstructionNo
Number Of Units Total6
PossessionClosing
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksGreat opportunity to own 3 sets of single-level duplexes, 6 units total. Each unit features 2 beds / 1 bath, living room w/ vaulted ceilings throughout, in-unit washer/dryer and a single car garage. Str
RoofTorch Down
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameBirchwood
Tax Annual Amount$15,144
Tax Year2026
Units Below Gradefalse
Units In Building Total6
Water CompanyCity of Bellingham
Water Sewer Garbage18000
Year Built1971

Exterior

Building Area Total0 sqft
Covered Spaces0
Exterior AmenitiesWood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.59
Parking Uncovered Total10
Site FeaturesCable TV, High Speed Internet
Total Parking10
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
High School N/A
Middle School N/A

  

Similar Properties

$1,795,000

12 Beds 6 Baths 0 SQFT 0.59 Acres
Type: Multi-Family

3350 Cherrywood Avenue
Bellingham, WA 98225

MLS#: 2496625