Multi-Family Investment Opportunity

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Multi-Family Investment Opportunity
1920, Alabama Street, Roosevelt, Bellingham, Whatcom County, Washington, 98226, United States
For Sale $1,300,000.00 - Commercial, Multifamily, Residential
5,256 SF 11 Bedrooms 6 Bathrooms 12 Garages 1975 Year Built 0.33 acres

Immediate Growth Potential

Well maintained 6-unit apartment building located minutes from Barkley Village and Downtown Bellingham. Recent capital improvements include a new roof (2022) and exterior paint. Current rents are well-below market and leases are month-to-month, providing opportunity for immediate gross income increase. Fair market rent potential between $1500-1800 per month for the five 2 BD / 1 BA units and $1200-1400 per month for the 1 BD / 1 BA unit. This is a great opportunity for investors.

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Amia Froese

Amia Froese, CCIM, CPM President / Designated Broker