4250 Dewey Road, Bellingham, WA 98226
- $1,150,000
Listing courtesy of Windermere RE Whatcom, Inc..
- List Price
- $1,150,000
- Status
- ACTIVE
- MLS#
- 2540127
- Price Change
- ▼ $149,999 1787799817
- Days on Market
- 77
Property Description
Rare income-producing residential and live/work opportunity on 6.66 acres in Bellingham! The newer 2,176 SF main residence, built in 2010, features 4 bedrooms and 1 bath, with additional detached residential/guest accommodations and substantial shop/warehouse space. Multiple structures offer exceptional flexibility for intergenerational or multi-generational living, MIL/guest quarters, potential ADU use, rental income, home-based business, hobbies or investment. Four existing leases provide immediate income; residential leases are month-to-month and the shop lease runs through December 2026. Current NOI is $57,500 with pro forma NOI of $99,000, offering significant value-add potential as rents are currently below market. Beautiful 6.66-acre setting with R5A zoning. Buyer to verify square footage, permitted uses, ADU/MIL status, zoning and rental information.
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Additional Information
- Community
- Bellingham
- Style
- 60 - Comm Bldg Und 10K
- Potential Terms
- Cash
- Driving Directions
- GPS
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