Fairhaven Homes with Assumable Terms

Fairhaven Homes with Assumable Terms

Welcome to Fairhaven, a charming and historic neighborhood nestled in the heart of Bellingham, Washington. Known for its picturesque waterfront views and vibrant community atmosphere, Fairhaven offers a unique blend of old-world charm and modern conveniences. This delightful area is characterized by its beautifully preserved Victorian architecture, boutique shops, and a lively selection of restaurants and cafes that cater to every palate.

One of the standout features of Fairhaven is its proximity to the stunning Bellingham Bay and the surrounding natural beauty of the Pacific Northwest. Residents enjoy easy access to scenic parks, hiking trails, and outdoor recreational opportunities, making it an ideal location for nature lovers and adventure seekers alike.

If you're considering making Fairhaven your home, you'll be pleased to discover that many properties in the area come with assumable terms. This means that potential buyers can take advantage of existing mortgage agreements, providing a seamless transition into homeownership without the need for complex financing. This feature not only makes purchasing a home more accessible but also offers an opportunity to secure favorable loan terms that may not be available in the current market.

Whether you're looking for a cozy bungalow, a spacious family home, or a modern condo, Fairhaven's real estate market has something for everyone. Embrace the vibrant community spirit and the stunning natural surroundings that make Fairhaven a truly special place to call home. Come explore this enchanting neighborhood and discover the perfect home waiting for you!

Newest Fairhaven Homes with Assumable Terms

$3,433,015
2504134 MLS ⋅ ACTIVE Status
Huge price reduction gives you a true 8% Cap Rate based on actual #s. This reflects the single unit currently vacant plus we deducted an additional 5% vacancy rate on top of that just to keep the underwriters happy. Or, you can assume the underlying mortgage (approx $1.28M) at 4.125% FIXED for the next 5 years. That is cheap money! Don't miss this chance to own a piece of historic downtown Fairhaven. 8 street-level commercial/retail condos split between the Waldron & Young Buildings encompassing Finnegan's Alley. Multiple addresses. 91.5% occupied. Total 19,820 sq feet with 14,275 rentable. All leases include escalations and are NNN. All #s are actual, not pro-forma. 8% cap rate. View units with discretion only. Do not disturb tenants. Sale also includes some underground parking rights.

13111327 11th Street, Bellingham

Listing courtesy of John L. Scott Bellingham.

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