1000 Jersey Street Unit #A & B, Bellingham, WA 98225

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Listing Broker: Lake & Company; Robert A. Macdonald; 206-354-5663; Robert@lakeRE.com

List Price
$849,000
Status
ACTIVE
MLS#
2594569
Days on Market
1
Style
52 - Duplex
Building Condition
Updated/Remodeled
Finished SqFt
2,622
Area Total SqFt
2622
Annual Tax Ammount
6373
Lot Size (sq ft)
4,356
Sewer
Sewer Connected

Property Description

Charming duplex on a sunny corner lot in Sehome, remodeled in 2023—vacant, staged, pre-inspected, and move-in ready. Grandfathered as a legal duplex with flexible options: live in one unit and rent the other, multi-generational living, convert to a single-family home, or maintain the strong duplex cash flow. Upstairs is a bright 2-level 2-bed/1-bath with a private view deck, in-unit laundry, and a wraparound kitchen. The main floor offers a spacious 1,128 SF 2-bed/2-bath with a new kitchen, baths, flooring, lighting, and in-unit laundry. A detached 533 SF studio with a ¾ bath adds even more flexibility (ADU potential under updated zoning). All units feature efficient heat and air conditioning from a 6-zone mini-split system. Enjoy territorial views and Bellingham Bay vistas, steps to Sehome Hill Arboretum trails, and an easy walk to WWU and downtown. Recent upgrades include a new roof and skylights, new siding, new windows, solar generating net-neutral electricity, EV charging. Featuring a deck, with pergola and motorized shades and roof, hot tub and a nice fenced yard. Turnkey gem in a prime neighborhood—don’t miss it!

Additional Information

List Date
2026-10-14 15:27:24
Community
Sehome
Net Operating Income
$42,471
Gross Adjusted Income
$56,316
Gross Scheduled Income
$59,280
Total Monthly Income
$4,940
Insurance Expenses
$2,714
Water/Sewer/Garbage Expenses
$1,769
Gross Rent Multiplier
14.32
Total Expenses
$13,844
Cap Rate
5.02
Vacancy Rate
5
Total Number of Units
2
Unit Name
1000
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1910
View
Bay, Mountains, Territorial
Roof
Composition
Site Features
Cabana/Gazebo, Deck, Electric Car Charging, Fenced-Fully, Hot Tub/Spa
Other Expenses
2988
Energy Source
Electric, Natural Gas, Solar PV
School District
Bellingham
Elementary School
Happy Vly Elem
Middle School
Fairhaven Mid
High School
Sehome High
Total Monthly Income
$4,940
Gross Scheduled Income
$59,280
Vacancy Rate
5
Gross Adjusted Income
$56,316
Tax Year
2026
Insurance Expense
$2,714
W/S/G Expenses
$1,769
Total Expenses
$13,844
Net Operating Income
$42,471
Gross Rent Multiplier
14.32
Cap Rate
5.02
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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