22-unit apartment complex in the heart of Bellingham. 6-2bd 1 bth, 15-1 bd 1 bth and 1 studio all with W/D and dishwashers. New siding, windows and sliders in 2018. 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 $40,000 potential income increase (w/out increasing rents) at moratorium end makes this perfect timing! Sound familiar? See MLS #1762937
Off market
$3,484,200
1717 Texas St, Bellingham, WA 98229
8beds
0baths
14,552sqft
MultiFamily
Built in 1976
-- sqft lot
$3,484,200 Zestimate®
$239/sqft
$1,536 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 0
Heating
- Baseboard
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 14,552 sqft
Property
Features
- Exterior features: Cement / Concrete
Lot
- Size: 0.57 Acres
Details
- Parcel number: 3803203570540000
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1976
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Bellingham
Other
Other facts
- Dishwasher1: Y
- Dishwasher2: Y
- Refrigerator1: Y
- Refrigerator2: Y
- Property type: MULT
- Range/oven1: Y
- Range/oven2: Y
- Washer/dryer2: Y
- Dishwasher3: Y
- Dishwasher4: Y
- Refrigerator3: Y
- Refrigerator4: Y
- Range/oven3: Y
- Range/oven4: Y
- Washer/dryer3: Y
- Washer/dryer4: Y
- Refrigerator5: Y
- Range/oven5: Y
- Range/oven6: Y
- Washer/dryer1: Y
- Washer/dryer5: Y
- Washer/dryer6: Y
- Refrigerator6: Y
- Dishwasher5: Y
- Dishwasher6: Y
- Sewer: Sewer Connected
- Form 17: Provided
- Water source: Public
- Roof: Composition
- Possesion: Closing
- Energy source: Electric
- Heating and cooling: Baseboard
- Foundation: Slab
- Potential terms: Conventional, Cash Out
- Exterior: Cement Planked
- Site features: Cable TV, Deck, High Speed Internet
- Floor covering: Wall to Wall Carpet, Laminate
- Style: 56 - 10+ Units
- Bathrooms1: 1.00
- Bathrooms2: 1.00
- Bathrooms3: 1.00
- Bathrooms4: 1.00
- Bathrooms5: 1.00
- Bathrooms6: 1.00
- Offers: Reviewed on receipt
- Commission: 1.75