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$589,999
2 Beds ⋅ 2 Baths ⋅ 2566604 MLS ⋅ ACTIVE Status
Imagine living in a TOP FLOOR Penthouse w/breathtaking 270-degree panoramic views of Bellingham Bay, San Juan Islands, Canadian Coast Range & city landmarks. Stunning sunsets & an active eagle’s nest a block away make this a photographer’s paradise! Two private glassed-in decks, one covered, put you front-row for waterfront events including Ski to Sea, 4th of July fireworks & Northern Lights. Chef’s kitchen, designed by a former director of Le Cordon Bleu College of Culinary Arts, fts custom cabinets & pantry areas, granite counters & SS appliances: convection oven/cooktop, double door fridge w/ dual ice makers, microwave, Bosch whisper quiet dishwasher, dimmable under-cabinet lighting +more! Designed for entertaining, the open architecture flows from the entryway through the kitchen & into the living room, taking full advantage of the spectacular west & north-facing views. Large primary suite opens onto the lower covered deck, & comes w/abundant closet space, an en-suite soaker tub & shower. Additional fts include new carpet & custom window coverings. A recently completed $3M exterior renovation includes new siding, doors, windows, railings, decks, trim, & paint. Complex fts dedicated covered parking space, elevator, & guest parking. Carport storage includes pully system to lift 2 bikes out of the way from shelves. Offering one of the best locations for PNW lifestyle living, you're walking distance to the Farmer's Market, restaurants, Boulevard Park, Fairhaven, trails & WWU!

705 N State Street Unit #405, Bellingham

Listing courtesy of Windermere RE Whatcom, Inc..

$1,195,000
2547568 MLS ⋅ ACTIVE Status
Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.

2232 Hoyt Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

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