Bellingham Homes with 56 - 10+ Units Style

Bellingham Homes with 56 - 10+ Units Style

Bellingham: A Vibrant City in Whatcom County, Washington

Nestled in the picturesque Whatcom County of Washington State, Bellingham is a vibrant city that offers a unique blend of natural beauty, cultural attractions, and a thriving real estate market. Located in the northwestern corner of the United States, Bellingham is surrounded by stunning landscapes, including the majestic Mount Baker and the serene waters of Bellingham Bay.

With its prime location between Seattle and Vancouver, Bellingham offers residents the best of both worlds - a peaceful and close-knit community with easy access to urban amenities. The city boasts a diverse range of neighborhoods, each with its own distinct character and charm. From historic Fairhaven with its quaint shops and cafes to the bustling downtown area with its vibrant arts scene and lively waterfront, there is something for everyone in Bellingham.

For those looking to invest in real estate, Bellingham offers a variety of options, including homes with 56 - 10+ units style. Whether you are a seasoned investor or a first-time buyer, these multi-unit properties provide an excellent opportunity to generate rental income while building equity. With a strong demand for rental housing in Bellingham, investing in homes with multiple units can be a lucrative venture.

In addition to its real estate opportunities, Bellingham offers a high quality of life. The city is known for its excellent schools, abundant outdoor recreational activities, and a thriving arts and music scene. From hiking and biking in the nearby mountains to exploring the vibrant local food and craft beer scene, there is always something exciting to do in Bellingham.

If you are considering a move or investment in the Pacific Northwest, Bellingham should be at the top of your list. With its stunning natural surroundings, vibrant community, and diverse real estate options, Bellingham offers the perfect combination of small-town charm and big-city amenities.

Newest Bellingham Homes with 56 - 10+ Units Style

$2,250,000
2553317 MLS ACTIVE Status
Welcome to the Avalon! An appealing multifamily investment opportunity located at 201 N Commercial Street in Bellingham, Washington. Originally built between 1900 and 1906, the property is a two-story, sixteen-unit apartment community located in downtown Bellingham. Built as ten large flats, the Bellingham Herald described the building as “the leading fashionable apartment house in the city and the most modern.” Tenants enjoy nine-foot ceilings throughout all units, with ample natural light provided by large windows in nearly every room. The original fir siding remains in excellent condition, contributing to the historic charm of the property. The property unit mix consists of two studios with approximately 400 square feet, eight one-bedrooms averaging approximately 600 square feet, and six two-bedrooms averaging approximately 930 square feet. All units retain their original trim, and many retain original fir flooring that’s been repainted over time. Some units have been upgraded with baseboard heat, and all units have radiator heat served by a steam boiler in the basement. There is no known knob-and-tube wiring, and Square D electrical panels supply electricity to the units. Supply lines have been replaced with pex plumbing in nearly all units. The Avalon offers excellent price-per-pound metrics of $140,625 per unit and $201 per foot, not including the large basement. The Avalon provides an excellent, risk-adjusted income stream with room for growth in the long term.

201 N Commercial Street, Bellingham

Listing courtesy of John L. Scott, Inc.

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