Fairhaven Homes with Assumable Terms

Fairhaven Homes with Assumable Terms

Welcome to Fairhaven, a picturesque neighborhood nestled in the heart of Bellingham, Washington. Known for its charming blend of historic architecture and modern amenities, Fairhaven is a vibrant community that offers something for everyone. With stunning views of Bellingham Bay and the surrounding mountains, this area is not just a place to live, but a lifestyle to embrace.

Fairhaven boasts a rich history, reflected in its beautifully preserved buildings that house a variety of local shops, cafes, and restaurants. Stroll along the waterfront, where you can enjoy scenic walks, bike rides, or simply relax while watching the boats sail by. The neighborhood is also home to several parks and green spaces, perfect for family picnics or weekend gatherings with friends.

For those considering a move to this enchanting area, Fairhaven offers homes with assumable terms, making it easier to transition into your new life. This unique option allows buyers to take over the existing mortgage, which can be a significant advantage in today’s competitive market. Whether you're a first-time homebuyer or looking to downsize, Fairhaven's diverse real estate options cater to various needs and budgets.

With a strong sense of community, excellent schools, and a plethora of outdoor activities, Fairhaven is not just a neighborhood; it's a place where memories are made. Experience the charm and warmth of Fairhaven, and discover your dream home in this idyllic corner of Bellingham. Come be a part of this thriving community where every day feels like a getaway!

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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