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Listed by:Bellwether Real Estate • Renae Ingraham

$915,000

Est. payment - /mo

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4 Beds

4 Baths

2,352 SqFt

Active

1408 G ST Bellingham, WA 98225

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Henry Jamerson

[email protected] +1(206) 839-6096

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,352 sqft

Price per Sqft $389

Subdivision Lettered Streets

MLS Listing ID 2532842

Style 54 - 4-Plex

Bedrooms 4

Year Built 1980

Annual Tax Amount $7,502

Lot Size 4,792 Sqft

Lot Dimensions 100x50

Property Sub-Type Multi Family

Property Description

Exceptional investment opportunity located in Bellingham's waterfront Old Town District and the highly sought-after Lettered Streets neighborhood. This well-maintained fourplex features four 1-bedroom, 1-bath units, each offering views of Bellingham Bay. Ideally situated near downtown Bellingham, Western Washington University, the waterfront, shopping, dining, parks, and public transportation, this property benefits from strong rental demand and a highly convenient location. Features include a newer roof, a dedicated on-site parking lot with ample off-street parking, a community laundry room for tenant convenience, and a dedicated storage locker for each unit. Consistent occupancy and potential for future income growth through rent adjustments offer investors an opportunity to enhance returns over time. Multifamily opportunities in this location are rarely available. Combining bay views, walkability to the waterfront redevelopment district, and proximity to major employment, education, and recreation hubs, this property offers an attractive blend of stability and upside potential. Whether you're looking to expand an existing portfolio or acquire a quality multifamily asset in one of Bellingham's most desirable neighborhoods, this fourplex presents a compelling investment opportunity.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl, Wood Products

Amenities Available High Speed Internet

View Y/N Yes

View Bay, Islands

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Parkview Elem

Middle Schools Whatcom Mid

High Schools Bellingham High

School District Bellingham

Others

Senior Community No

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Mortgage Calculator

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Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Arts & Entertainment

Food

Beauty

Nightlife

Event Planning & Services

Automotive

Religious Organizations

Financial Services

Professional Services

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Public Services & Government

Local Media

Wanida Thai Cuisine

1213 Dupont St, Bellingham, WA 98225

Thai Phone: 360-746-8642
Hana Teriyaki

701 W Holly St, Bellingham, WA 98225

Japanese Phone: 360-715-1668
Cuevas Coffee Cafe

727 Silk St, Bellingham, WA 98225

Cafes Phone: 360-988-2928
The Sandwich Odyssey

2001 Cornwall Ave, Bellingham, WA 98226

Sandwiches Phone: 360-738-6919
Giuseppes Al Porto

21 Bellwether Way, Bellingham, WA 98225

Italian Phone: 360-714-8412
Chuckanut Brewery & Kitchen

601 W Holly St, Bellingham, WA 98225

Pubs Phone: 360-752-3377
San Juan Seafoods

Squalicum Waterway, Bellingham, WA 98225

Seafood Phone: 360-734-8384
Northwest Cruisin Coffee

Cordata Pkwy & Callu, Bellingham, WA 98225

Sandwiches Phone: 360-738-8812

Educational Environment

Elementary Schools (2)Middle Schools (2)High Schools (2)

Name