Bellingham, WA 98225,521 N Forest ST
Listed by Hammer Properties NW Inc.
Bought with Keller Williams Western Realty

$3,949,000

Est. payment /mo

$3,949,000

Est.Price: ?

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521 N Forest ST Bellingham, WA 98225

11,410 SqFt

SOLD DATE : 07/30/2021

Key Details

Sold Price $3,949,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 11,410 sqft

Price per Sqft $346

Subdivision Sehome

MLS Listing ID 1734256

Sold Date 07/30/21

Style 55 - 5-9 Units

Construction Status Under Construction

Year Built 2021

Annual Tax Amount $24,822

Lot Size 0.316 Acres

Lot Dimensions 125 x 100

Property Sub-Type Multi-Family

Property Description

8 units one block from WWU. Never lack for tenants. Location can't be beat. Campus is a 2-minute walk, downtown, 10-minutes. Students love the walkable location. Owner-paid expenses are reasonable. Property is two well kept older homes, and one 2018 triplex and one 2021 triplex, just completed. Complex rents fast. Return on investment is excellent! Never any vacancy. Listing is for 2 single-family houses, and 2 triplexes. Rents presented are based off leases for fall, 2021.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Interior Features Forced Air, Ceramic Tile, Wall to Wall Carpet

Flooring Ceramic Tile, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked, Wood, Wood Products

Utilities Available Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected

Amenities Available Cable TV, Deck, Electric Car Charging, Gas Available, High Speed Internet, Sprinkler System

View Y/N Yes

View Bay

Roof Type Composition

Building

Lot Description Adjacent to Public Land, Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction Yes

Construction Status Under Construction

Schools

School District Bellingham

Others

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

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Northwest MLS (NWMLS)
agent

Julie Hodges

Designated Broker | Real Estate Advisor | License ID: 25283

+1(425) 220-0617

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