Bought with John L. Scott Bellingham
$1,225,000
$1,150,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
5,200 SqFt
SOLD DATE : 04/05/2024
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $235
Subdivision Bellingham
MLS Listing ID 2207639
Style 55 - 5-9 Units
Year Built 1976
Annual Tax Amount $9,078
Lot Size 10,019 Sqft
Property Description
Introducing a golden investment opportunity at 1416 Texas St, Bellingham WA ? a well-maintained 6-unit apartment building boasting an unbeatable location. Just minutes from the bustling Barkley Village, residents enjoy convenient access to shopping, restaurants, entertainment, and easy freeway connections. Each spacious 2-bed, 1-bath unit features large living areas, with three units recently upgraded with new carpets, countertops, and cabinets, offering a fresh and modern living experience. Current rents are well below market with potential for $1,400-$1,800/month. Coin operated laundry room with Washer/Dryer on site for added income. Well-maintained, sunlit lot offers growth and ROI potential. A must-buy for serious investors.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Flooring Vinyl, Carpet
Exterior
Exterior Feature Wood
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Corner Lot, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Bellingham
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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