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    1922 James Street

    Bellingham, WA 98225
    • $650,000
    • STATUS: Active
    • ON SITE: 20 days
    • MLS #: 1801507
    UPDATED: 37 min ago
    $650,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of One Realty.

    Description

    Commercial Tri-Plex, great location! Excellent cash flow even through the pandemic. Strong nearly 6% cap rate. Building renovated in 2019. Upgrades include flooring, cabinets, insulation, plumbing, electrical, paint & more. Layout includes 3 separate units, each with bathrooms and kitchenettes. ADA accessible off street parking and behind building and on street parking in front. Easy access downtown Bellingham, very close to Kulshan Brewery, Trader Joes, Hardware Sales. And Starbucks and Woods Coffee are your neighbors. Ideal buyer has cash or is capable of qualifying for a commercial loan.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-23T17:14:48.553.

    www.communityrealestategroup.com/homes/118958247
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    1922 James Street Bellingham, WA 98225

    • Price: $650,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 1801507
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1900
    Built
    Neighborhood:
    Sunnyland
    County:
    Whatcom
    Area:
    Bellingham
    School District:
    Bellingham
    Property Description
    Commercial Tri-Plex, great location! Excellent cash flow even through the pandemic. Strong nearly 6% cap rate. Building renovated in 2019. Upgrades include flooring, cabinets, insulation, plumbing, electrical, paint & more. Layout includes 3 separate units, each with bathrooms and kitchenettes. ADA accessible off street parking and behind building and on street parking in front. Easy access downtown Bellingham, very close to Kulshan Brewery, Trader Joes, Hardware Sales. And Starbucks and Woods Coffee are your neighbors. Ideal buyer has cash or is capable of qualifying for a commercial loan.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features AlleyCurbsPavedSidewalk Open Parking Spaces 4 Open Parking YN Yes Parking Total 4 Parking Uncovered Spaces 4 Roof Composition Structure Type Triplex Style Code 53 - Tri-Plex View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring Vinyl PlankCarpet Foundation Details Post & Block Furnished Unfurnished Heating Cooling Type Wall Heating YN Yes

    Property Features

    Electric Expense 2281 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 48180 Insurance Expense 1159 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutSee Remarks Net Operating Income 38516 New Construction YN No Possible Use Commercial Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Fenced-FullyGas AvailableHigh Speed Internet Special Listing Conditions None Tax Annual Amount 4468 Tax Year 2021 Total Expenses 9664 Utilities High Speed InternetNatural Gas AvailableSewer ConnectedElectricity Available Water Sewer Garbage 1756 Water Source Public Zoning Class Commercial Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Tri-Cities and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Tri-Cities are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-23T17:14:48.553.

     
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    Keller Williams Tri-Cities
    4390 W Van Giesen
    West Richland WA, 99353
    Listing Courtesy of One Realty.