Lettered Streets Homes with Conventional Terms

Lettered Streets Homes with Conventional Terms

Welcome to the charming neighborhood of Lettered Streets in Bellingham, WA! Known for its tree-lined avenues and historic architecture, the Lettered Streets offer a unique blend of character and convenience in the heart of Whatcom County.

Homes in the Lettered Streets neighborhood come with the assurance of conventional terms, making it easier for buyers to find their dream home without the hassle. Whether you're looking for a cozy bungalow or a spacious family home, the Lettered Streets have something to offer for everyone.

Living in the Lettered Streets means you're just a stone's throw away from Bellingham's vibrant downtown core, where you can explore local shops, restaurants, and entertainment options. With easy access to parks, schools, and community amenities, this neighborhood is perfect for those seeking a balance between urban convenience and small-town charm.

If you're searching for a home with character and a true sense of community, look no further than the Lettered Streets in Bellingham. Explore the unique homes and welcoming atmosphere of this historic neighborhood, where every street tells a story and every house feels like home.

Newest Lettered Streets Homes with Conventional Terms

$2,100,000
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 Broker: John L. Scott, Inc; Jonathan D. Bye; 206-400-7586; transactions@jonbye.com

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