4777 Guide Meridian, Bellingham, WA 98226

Courtesy of Windermere RE Whatcom, Inc.

$1,999,999
12,255
SqFt

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List Price
$1,999,999
Status
ACTIVE
Days on Market
317
Price Change
▼ $200,001 1785980702
MLS#
2511002
Subtype
Residential Income
Style
55 - 5-9 Units
Year Built
1973
Living Area
12,255
Lot Size
418,176
Acres
9.60
Subdivision
Cordata
Neighborhood
Cordata
MLS Area Major
Bellingham

Property Description

Bring the reasonable offers! Motivated Seller! Almost an 8% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment with some wetlands mitigation to do—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom. A unique chance to invest now and shape what’s next.

Additional Information

Amenities
See Remarks, Storage
Exterior Features
Metal/Vinyl, Stucco, Wood
Property Description
55 - 5-9 Units
Flooring
Vinyl Plank, Carpet
Heating
Forced Air, Heat Pump
Air Conditioning
None
Roof
Composition, Metal
Parking Features
RV Parking
Garage Spaces
2
School District
Meridian
Elementary School
Irene Reither Primar
Middle School
Meridian Mid
High School
Meridian High
View
Territorial
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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