1408 G Street, Bellingham, WA 98225
Courtesy of Bellwether Real Estate
- $915,000
- 2,352
- SqFt
- List Price
- $915,000
- Status
- ACTIVE
- Days on Market
- 105
- Price Change
- ▼ $50,000 1783725094
- MLS#
- 2532842
- Subtype
- Residential Income
- Style
- 54 - 4-Plex
- Year Built
- 1980
- Living Area
- 2,352
- Lot Size
- 4,792
- Acres
- 0.11
- Subdivision
- Lettered Streets
- Neighborhood
- Lettered Streets
- MLS Area Major
- Bellingham
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.
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Additional Information
- Exterior Features
- Metal/Vinyl, Wood Products
- Property Description
- 54 - 4-Plex
- Flooring
- Vinyl, Carpet
- Heating
- Baseboard
- Air Conditioning
- None
- Roof
- Composition
- School District
- Bellingham
- Elementary School
- Parkview Elem
- Middle School
- Whatcom Mid
- High School
- Bellingham High
- View
- Bay, Islands
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