Bought with Better Properties Seattle N.
$625,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
1115 N Forest ST Bellingham, WA 98225
1,994 SqFt
Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,994 sqft
Price per Sqft $313
Subdivision Downtown
MLS Listing ID 2039856
Sold Date 04/30/24
Style 54 - 4-Plex
Year Built 1904
Annual Tax Amount $5,247
Lot Size 4,356 Sqft
Lot Dimensions 27' x 125'
Property Description
This is a rare find of a 4 plex that is almost 120 years old with good "bones" and character. One unit (#5) has a partial bay view and the others all have tall ceilings and long term tenants. These are all one bed/one bath units and there is off alley parking which is dedicated to the tenants. There is even a small lawn between the building and the parking area. There is asbestos siding which appears to be in good condition. The Seller has had this property for 35 years and it has always had tenants due to its awesome location and proximity to Downtown and WWU, he has not lived in the area for a number of years, however, if the building and units were improved the rental rates could be much higher. All four leases are 1 year.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Interior Features Fir/Softwood, Wall to Wall Carpet
Flooring Softwood, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature See Remarks
Amenities Available High Speed Internet
View Y/N Yes
View Bay, Partial, See Remarks
Roof Type Composition
Building
Lot Description Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Bellingham
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157