Downtown Homes with 54 - 4-Plex Style

Downtown Homes with 54 - 4-Plex Style

Welcome to Downtown Bellingham, a vibrant neighborhood located in Whatcom County, Washington. Known for its lively atmosphere and rich history, Downtown Bellingham offers a unique blend of urban living and natural beauty.

Situated in the heart of the city, Downtown Bellingham is a bustling hub of activity. Here, you'll find a variety of shops, restaurants, and entertainment venues, making it the perfect place to explore and discover new experiences. Whether you're looking for a cozy café to grab a cup of coffee or a trendy boutique to shop for unique finds, Downtown Bellingham has something for everyone.

One of the standout features of this neighborhood is the availability of homes with a 54-4-Plex style. These properties offer a unique opportunity for both homeowners and investors alike. With four units in each building, these homes provide the potential for rental income or the ability to live in one unit and rent out the others. This style of housing is ideal for those looking for a flexible and affordable living arrangement.

In addition to its urban amenities, Downtown Bellingham is also surrounded by natural beauty. The neighborhood is nestled between the stunning Bellingham Bay and the majestic Mount Baker, offering breathtaking views and outdoor recreational opportunities. Whether you enjoy hiking, biking, or simply taking in the scenery, there's no shortage of outdoor activities to enjoy in this area.

If you're looking for a vibrant neighborhood with a mix of urban conveniences and natural beauty, Downtown Bellingham is the perfect place to call home. With its lively atmosphere, diverse housing options, and stunning surroundings, this neighborhood truly has it all.

Newest Downtown Homes with 54 - 4-Plex Style

$1,499,000
2558436 MLS ⋅ ACTIVE Status
Rare opportunity, newer 2001 4-plex investment in a prime Everett location! Option to live in one unit while your tenants pay your mortgage. This well-maintained multifamily property offers an impressive 5,117 square feet of living space. The upper-level features two spacious 3-bedroom units, each offering an exceptional 1,492 square feet of living space. The ground level includes two well-designed 2-bedroom units, each with 1,066.5 square feet. Tenants also enjoy access to a large 851-square-foot, 4-car garage located at the rear of the property. Each unit has been recently refreshed with new interior paint, carpet, blinds, countertops, and hardwired smoke and carbon monoxide detectors, making this a truly turnkey investment. Conveniently located just minutes from I-5, the new YMCA, shopping, dining, and the vibrant Everett Waterfront, this property offers excellent accessibility and strong tenant appeal. With low-maintenance construction, all appliances included, and the potential for approximately a 6.4% cap rate, this is an outstanding long-term investment opportunity. Listing agent is also a property manager and can assist with future placements and management for a lower negotiated fee. Buyer to verify all information to their satisfaction. Ask me about the preferred lender credit!!!!

3426 Oakes Avenue, Everett

Listing courtesy of Gilpin Realty, Inc..

$1,250,000
2484138 MLS ⋅ ACTIVE Status
Short Term Rental Business Investment opportunity. Gross rent of $136,950; NOI of $82,739; and a high cap rate of 6.6! Revenue is growing with the use of Airbnb, VRBO, and Direct Booking. Business is growing. The fourplex with (2) two-bedroom units and (2) one bedroom one bathroom units are ideally situated in downtown Renton. Property is walking distance to restaurants, shopping, & coffee; and minutes to Boeing, The Landing Shopping Center, SeaTac Airport, and Coulon Beach. Large corner lot with garage, storage locker, and lot can park up to 5 vehicles. All units have been renovated. This listing is cross listed MLS #2484144. Also, perfect set up for new buyer to live in one of the units.

621 Houser Way S, Renton

Listing courtesy of Best Choice Realty LLC.

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