4 Unit rental Investment Opportunity! Close to Western Washington University where Sehome Hill & South Hill meet at the Armory Building with quick access to the South Bay Trail connecting Fairhaven to Downtown Bellingham. Property consists of 2 Duplexes on one parcel of land zoned for 5 units in total. Total monthly income $4,500 payable as follows: #512 is a Studio @ $800 /mo, #514 2 Bd @ $1,100 /mo, #516 is a Studio@ $800 /mo, #518 3 bd @ $1,800 /mo. The Home located immediately to the South (510 Boulevard) is available at $488K. The Duplex located immediately to the North (520 Boulevard) is available @ $628K. Possible 10 Unit Condo site if all properties purchased. SHOWN BY APPOINTMENT ONLY -PLEASE DO NOT DISTURB THE TENANTS!
Off market
$1,093,500
516 Boulevard St, Bellingham, WA 98225
5beds
0baths
3,084sqft
MultiFamily
Built in 1910
-- sqft lot
$1,093,500 Zestimate®
$355/sqft
$3,206 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Heating
- Forced air
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: wood stove
Interior area
- Total interior livable area: 3,084 sqft
Property
Parking
- Parking features: Carport, Garage
Features
- Exterior features: Wood
Lot
- Size: 8,276 sqft
Details
- Parcel number: 3802364973790000
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Concrete
- Roof: Composition
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Bellingham
Other
Other facts
- Refrigerator1: Y
- Refrigerator2: Y
- Property type: MULT
- Range/oven1: Y
- Range/oven2: Y
- Refrigerator3: Y
- Refrigerator4: Y
- Range/oven3: Y
- Range/oven4: Y
- Washer/dryer4: Y
- Units below grade: Y
- Sewer: Sewer Connected
- Form 17: Provided
- Possesion: Sub. Tenant's Rights
- Water source: Public
- Roof: Composition
- Energy source: Electric, Natural Gas
- Foundation: Concrete Block
- General zoning: Multi-Family, Residential
- Exterior: Wood
- Heating and cooling: Forced Air
- Style: 54 - 4-Plex
- Site features: Cable TV, Deck, Outbuildings, High Speed Internet
- Potential terms: Cash Out
- Floor covering: Wall to Wall Carpet, Vinyl
- Lot details: Alley, Value In Land
- View: Bay
- Bathrooms1: 1.00
- Bathrooms5: 0.00
- Bathrooms6: 0.00
- Bathrooms2: 1.00
- Bathrooms3: 1.00
- Bathrooms4: 1.00
- Offers: Reviewed on receipt
- Commission: 2.5
- Virtual Tour 1 Description: TourFactory Virtual Tour
- Virtual Tour 1: https://www.tourfactory.com/idxr2851365
Services availability

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