2701 Northwest AVE, Bellingham, WA 98225
2701 Northwest AVE, Bellingham, WA 98225
2701 Northwest AVE, Bellingham, WA 98225
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Listed by:RE/MAX Whatcom County, Inc. • Rebecca Heathcock
$995,000
Est. payment /mo
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3 Beds
3 Baths
2,376 SqFt
New

2701 Northwest AVE Bellingham, WA 98225

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Sandiann Harmoney Qualls

Sandiann Harmoney Qualls

+1(360) 739-2211

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,376 sqft

Price per Sqft $418

Subdivision Bellingham

MLS Listing ID 2540094

Style 53 - Tri-plex

Bedrooms 3

Year Built 1925

Lot Size 9,148 Sqft

Property Sub-Type Multi Family

Property Description

Two-story mixed-use triplex on sunny corner lot in sought-after Fountain District oozes with charm and performs at a 6% cap rate! Zoned Urban Village Commercial Transition which allows many redevelopment options - but this is no tear down. Originally built in 1925, all units have been fully updated and maintained by current owners. Commercial suite, remodeled in 2018, has welcoming front reception with 4 separate treatment rooms and a 5th room with sink which could be used for treatments or a break room. Upper level 2-bedroom apartment remodeled in 2025 with new carpet, paint and fixtures. Downstairs apartment remodeled in 2015 with new flooring installed in 2020. Property delivers a 6% cap rate with 2,376 sqft on the interior and a large graveled lot with 12 parking spots. Back patio / grotto is a perfect little secret which owners and staff use as an outdoor break room. Parcel is bigger than it looks as arborvitae hide additional lot square footage. Located within walking distance of popular shops and restaurants. Excellent traffic counts with high visibility retail presence. Owners will carry a partial loan with at least $500K down.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Flooring Laminate, See Remarks, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete

Amenities Available Cable TV, High Speed Internet, Patio

View Y/N Yes

View Territorial

Roof Type Flat

Building

Lot Description Corner Lot

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Columbia Elem

Middle Schools Shuksan Mid

High Schools Bellingham High

School District Bellingham

Others

Senior Community No

Acceptable Financing Cash, Conventional, Owner Will Carry, See Remarks

Listing Terms Cash, Conventional, Owner Will Carry, See Remarks

Northwest MLS (NWMLS)
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2701 Northwest AVE