Bought with Fairhaven Realty br of Lakeway
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1922 James ST Bellingham, WA 98225
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Key Details
Sold Price $620,000
Property Type Commercial
Sub Type Commercial Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Sunnyland
MLS Listing ID 1863528
Sold Date 12/21/21
Style 60 - Comm Bldg Und 10K
Year Built 1900
Annual Tax Amount $4,468
Lot Size 4,792 Sqft
Property Description
Commercial Tri-Plex, great location! Excellent cash flow even through the pandemic. Strong nearly 6% cap rate. Building renovated in 2019. Upgrades include flooring, cabinets, insulation, plumbing, electrical, paint & more. Layout includes 3 separate units, each with bathrooms and kitchenettes. ADA accessible off street parking and behind building and on street parking in front. Easy access downtown Bellingham, very close to Kulshan Brewery, Trader Joes, Hardware Sales. And Starbucks and Woods Coffee are your neighbors. Ideal buyer has cash or is capable of qualifying for a commercial loan. Low maintains property.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
Others
Senior Community No
Acceptable Financing Cash Out, See Remarks
Listing Terms Cash Out, See Remarks
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