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  • Price$17,995,000
  • Sq. Ft.65,088
  • Acres1.84
  • Built2001

2516 2536 Douglas Ave, Bellingham, WA

This property is a 66 unit apartment complex in an ideal location within walking distance of WWU. 6 buildings with 11 units a piece, each comprised of 4- four bedroom units, 2- three bedroom units, 4- two bedroom units, and 1- one bedroom unit. Each unit includes a washer and dryer. All units are leased through August of 2018. Net annual operating income of $921,500= 5.12% CAP. ***Financing available - 3.7% P&I, 25 year amortization,fixed for 7 years, no points,3,2,1,1,1 prepay.

Property Status: Active

Listing Office: Madrona Bay Realty

Essential Information

  • MLS® #1117912
  • List Price$17,995,000
  • Bathrooms0.00
  • Square Footage65,088
  • Acres1.84
  • Year Built2001
  • TypeMulti Family
  • Sub-Type56 - 6-9 Units
  • StatusActive

Amenities

  • AmenitiesThermal Windows
  • ViewMountain, Territorial

Exterior

  • ExteriorMetal/Vinyl
  • Lot DescriptionCurbs, Paved Street, Secluded, Sidewalk
  • RoofComposition
  • FoundationPoured Concrete

Additional Information

  • Days on Market55
  • ZoningMulti-Family
  • Price Per Square Foot$276

Community Information

  • Address2516 2536 Douglas Ave
  • AreaBellingham
  • SubdivisionBellingham
  • CityBellingham
  • CountyWhatcom
  • StateWA
  • Zip Code98225

Interior

  • HeatingBaseboard

School Information

  • DistrictBellingham
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Listing information last updated on June 27th, 2017 at 8:37am PDT.