10 Unit Apartment Building - Columbia Neighborhood - Bellingham, WA. Single level apartments consisting of SIX 2 Bedroom and FOUR 1 Bedroom Units. Believe it or not, the rents truly are below market value. Current Actual Rent is $9, 325 per month. Market rent value should be in the $11, 700 - $13, 200 per month range. Current owners are out of state and did not want to increase the monthly rent. Laundry generates an additional $110 per month income. Desirably located in a predominately owner occupied neighborhood. So not lots of apartments in the surrounding area. Actual Cap rate is 5.5, with a proforma in the 7-8 Cap range. This is it - act quick. Possible Seller Terms - Owner Contract. Please do not Disturb the Tenants!
Reduced $119,000. Enjoy stunning views of Mt. Baker, North Cascades, Nooksack River Delta & Bay from this architecturally designed 1960's 4 bedroom, 2.25+ bath home. Property consists of 2 tax parcels totaling approx an acre in the City of Ferndale. Features include bright walls of windows & ever changing views, '60's light fixtures, wooden built-ins closets & storage. Gorgeous freshly finished original oak floors. Spacious kitchen w/pantry/storage & work space. Kitchen opens to patios & beautiful back yard. Separate dining/rm, master plus 2 add'l bedrooms on main floor. Rec room w/2nd gas fireplace, 4th bedroom, 3rd bath, shop, storage & utilities in the daylight lower level. Additional parcel w/fruit trees, has single family development potential. Now $780,000.
You will fall in love with this immaculate and stunning quality home-immediately-from the beautiful outside to every aspect of the inside! The entry hall leads to a main floor den/bedroom, powder room, then the open great room will impress! The Chef???s kitchen has high end SS appliances, large eating bar, stunning granite counters with subway tile backsplash, and a fabulous living area! Every room is gorgeous, even the utility room! The spacious 3 car (tandem) garage also has plenty of storage. The 4 lovely upstairs bedrooms are also stunning! The large master suite with vaulted ceiling has an en-suite 5 piece bathroom. Heat Pump, RV/Boat Parking, and your own oasis in the back yard, with composite deck and stamped concrete patio! Amazing! $774,950.00
Enter the door and fall in love with sweeping Sound views! Gorgeous updates:New 50 year Composition Roof, new exterior paint/trim, new exterior courtyard, new front doors! Step inside and fall in love with the stunning hardwood floors, crown molding, open floor plan. The living room has lots of windows to enjoy the views, is open to the dining room and Chef's Kitchen, with unique custom cabinetry, Corian countertops and views. The huge master suite has walk-in closet and private updated bathroom. Powder room, office and utility room are on the main floor. Downstairs boasts large family room, bedroom, full bathroom, and lots of storage. Enjoy the huge deck, great patio, large yard with water feature-an oasis! Community beach/boat launch. $799,950.00