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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: ActiveListing Office: Madrona Bay Realty Ask Your Friends Opinion on Facebook
- MLS® #1117912
- List Price$17,995,000
- Square Footage65,088
- Year Built2001
- TypeMulti Family
- Sub-Type56 - 6-9 Units
- AmenitiesThermal Windows
- ViewMountain, Territorial
- Lot DescriptionCurbs, Paved Street, Secluded, Sidewalk
- FoundationPoured Concrete
- Days on Market55
- Price Per Square Foot$276
- Address2516 2536 Douglas Ave
- Zip Code98225
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Listing information last updated on June 27th, 2017 at 8:37am PDT.