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Listed by:Windermere RE Whatcom, Inc. • Jeff Johnson
$ 3,400,000
Est. payment /mo
New
1252 Nevada ST Bellingham, WA 98226
2 Beds
1 Bath
12,768 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,768 sqft
Price per Sqft $266
Subdivision Puget
MLS Listing ID 2539063
Style 56 - 10+ Units
Bedrooms 2
Year Built 1979
Annual Tax Amount $25,357
Lot Size 0.670 Acres
Property Sub-Type Multi Family
Property Description
17 unit apartment complex off Lakeway on Nevada Street within walking distance to bus line, Whole Foods, Carl cozier elementary school, city park and pool complex. Central location. Unit mix:12 one- bedroom units and 5 -two bedroom units all under market rent with stable vacancy history. Excellent parking. Recent maintenance: New roof 2026new gutters 2026new washer dry units in common laundry room. The third floor units are accessed off a ground level parking lot with 9 uncovered spaces on the east side of the property.20 uncovered spaces on ground floor access and 7 covered spaces. There is a parking agreement that can be terminated or negotiated for parking income with adjacent building owner that generates additional income. Operating Expenses: Using a 28% total expense estimate.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Fireplace false
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Bellingham
Others
Senior Community No
Acceptable Financing Cash
Listing Terms Cash
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