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  • Listed by: 

    Troy C. Muljat,

    Muljat Group

    $1,850,000

    800 20th Street, Bellingham, WA 98225

    13beds
    8baths
    6,240sqft
    : 
    Multi Family
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $296/sqft
    $-- HOA

    What's special

    Well-positioned 8-unit apartment building in Bellingham’s high-demand student housing market. Located just one mile from the heart of Western Washington University, on a quiet dead-end street adjacent to Lowell Park, students can utilize nearby trails as a shortcut to campus, enhancing the property’s appeal. On-site covered parking also adds convenience for tenants. There is upside potential to increase rental income, positioning the property for a near 6% capitalization rate upon stabilization. This “diamond in the rough” presents a compelling opportunity for investors seeking to capitalize on Bellingham’s thriving student housing market.
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