Whatcom Homes with 56 - 10+ Units Style

Whatcom Homes with 56 - 10+ Units Style

Located in the beautiful county of Whatcom, Washington, this region offers a diverse and vibrant real estate market. Whatcom County is nestled in the northwest corner of the United States and is known for its stunning natural landscapes, thriving communities, and strong economy.

With its close proximity to the Canadian border and the Pacific Ocean, Whatcom County offers residents and visitors a wide range of recreational activities. From hiking and skiing in the Cascade Mountains to boating and fishing in the Salish Sea, outdoor enthusiasts will find plenty to explore and enjoy.

In terms of real estate, Whatcom County has a variety of housing options to suit different lifestyles and preferences. One popular style of homes in the area is the "Homes with 56 - 10+ Units" style. These multi-unit properties provide an excellent investment opportunity for those looking to generate rental income or for individuals seeking a low-maintenance living arrangement.

Whether you're a first-time homebuyer, a seasoned investor, or someone looking for a change of scenery, Whatcom County has something for everyone. With its strong sense of community, excellent schools, and abundant natural beauty, it's no wonder that many people choose to call this place home.

If you're considering buying or selling a property in Whatcom County, it's advisable to work with a knowledgeable real estate agent who can guide you through the process and help you find the perfect home or investment opportunity.

Newest Whatcom 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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