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2625 W Maplewood AVE, Bellingham, WA 98225
2625 W Maplewood AVE, Bellingham, WA 98225
2625 W Maplewood AVE, Bellingham, WA 98225
11
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Listed by:Windermere RE Whatcom, Inc. • Lyle Sorenson
$1,690,000
Est. payment /mo
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1,596 SqFt
Active

2625 W Maplewood AVE Bellingham, WA 98225

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,596 sqft

Price per Sqft $1,058

Subdivision Birchwood

MLS Listing ID 2581492

Style 56 - 10+ Units

Year Built 1974

Annual Tax Amount $9,863

Lot Size 0.730 Acres

Property Sub-Type Multi Family

Property Description

Opportunity Knocks. Affordable investment with a great return, this fully serviced 9 Unit Mobile Home Park plus an updated duplex in Bellingham is just minutes from schools, shopping, I-5 and the airport. 5 homes are park owned, 4 owners rent spaces and the 2 apartments are leased to provide a new owner with steady income at a 6.7% Cap Rate. Scheduled rent increases in November will boost the Cap to a generous 7%. Don't miss this rare opportunity to gain income and equity.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Flooring Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl, Stucco, Wood, Wood Products

Amenities Available Cable TV, Fenced-Partially, Gas Available, Outbuildings

View Y/N Yes

View Territorial

Roof Type Composition,Metal,Torch Down

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Bellingham

Others

Senior Community No

Acceptable Financing Cash, See Remarks

Listing Terms Cash, See Remarks


Northwest MLS (NWMLS)
Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Pets
Education
Local Media
  • Morrie’s Drive In

    2601 Birchwood Ave, Bellingham, WA 98225

    Fast Food Phone: 360-733-8812

  • Papa Murphy’s

    1701 Birchwood Ave, Bellingham, WA 98225

    Pizza Phone: 360-715-3794

  • Luis’s Mexican

    1538 Birchwood Ave, Bellingham, WA 98225

    Mexican Phone: 360-756-8973

  • Little Caesars Pizza

    3212 Northwest Ave Ste A5, Bellingham, WA 98225

    Pizza Phone: 360-738-4881

  • Cafe Culinaire

    3028 Lindbergh Ave, Bellingham, WA 98225

    Buffets Phone: 360-752-8399

  • Hawaii BBQ & Noodle House

    3212 Northwest Ave, Bellingham, WA 98225

    Chinese Phone: 360-527-2333

Educational Environment

Elementary Schools (1)Middle Schools (1)
Name
Category
Grades
Library
Ratio
0/10
Gardenview Montessori
3242 Firwood Ave, Bellingham, WA 98225
Private
PK - TKG
No
2:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
3/10
Shuksan Middle School
2717 Alderwood Ave, Bellingham, WA 98225
Public
6 - 8
No
STUDENTS/TEACHERS

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