Listing Provided Courtesy Of:
RE/MAX Whatcom County, Inc. and NWMLS
Address
2233 Woburn Street Bellingham, WA
Price
$ 3,200,000
Property Attributes
  • ID#1762937
  • TypePending
  • CountyWHATCOM
  • CityBellingham
  • AreaBellingham
  • NeighborhoodRoosevelt
  • Zip98229
  • Style10+ Units
  • Year Built1979
  • Taxes$ 19317
  • Price$ 3,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15040
  • Lot Size0.68 Acres
Listing Provided Courtesy Of:
RE/MAX Whatcom County, Inc. and NWMLS
Data Source:
NWMLS
Property Description

20-unit apartment complex in the heart of Bellingham. 14-2bd 1 bth, 6-1 bd 1 bth all with washer/dryers and dishwashers. Study the rents, this prime location and solid building and it becomes apparent why its only had a few owners since built AND you will see a nice current upside potential along with the rocksteady performance. Opportunities like this are few and far between and only because owner is leaving the state is this available for the next beneficiary. All numbers are actual 2020 COVID moratorium numbers and it still shines! Approximate $30,000 potential income increase (without increasing rents) at moratorium end makes this perfect timing! Sound familiar? Check out MLS #1760039

Elementary School Middle School High School
Buyer To Verify Elementary School Buyer To Verify Middle School Buyer To Verify High School
Price History
4/27/2021 Listed $3,200,000

General Features

Buildingareaunits Square Feet
Carport Y/N No
City Bellingham
Co-Listing Agent Mike Flannery
County Whatcom
Directions From I-5 take exit 254. Turn Right onto Iowa. Turn left onto Woburn St. Building will be on your Left.
Elementary School Buyer To Verify
Exterior Features Metal/Vinyl, Wood Products
Flooring Laminate, Carpet
High School Buyer To Verify
High School District Bellingham
Insuranceexpense 6989
Leasable Area 15040
Listing Agent Name Spencer Flannery
MLS Area 860 - Bellingham
Middle/Junior High School Buyer To Verify
Netoperatingincome 144624
New Construction No
Nwm Watersewergarbage 23821
Nwm Zoningclass Multi-Family
Open Parking Spaces 33
Possession Closing
Possible Use Multi-Family
Property SubType Multi-Family
Property Type Residential Income
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Pending
Status Pending
Street Name Woburn
Structure Type Multi Family
Subdivision Name Roosevelt
Tax Annual Amount 19317
Tax Year 2021
Terms Cash Out, Conventional
Total Units 20
Units Below Grade false
Units In Building Total 20
Utilities Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Water Company City of Bellingham
Year Built 1979

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Livingareaunits Square Feet
Power Production Type Electric
Street Suffix Street
Total Stories 2

Exterior Features

Building Area Total 15040
Foundation Details Slab
Irrigation Water Rights Y/N No
Lot Size Acres 0.68
Lot Size Square Feet 29621
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 33
Site Features Cable TV, Deck, High Speed Internet
Total Parking 33
View Y/N No
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 98229

Price
AVG $700K
$3.2M
Taxes
AVG $4,215
$19,317
Visits
AVG 52
25
Year Built
AVG 1987
1979
Walkscore
AVG 20
69
Data Provided by Walkscore ® not using MLS data