1011 21st St, Bellingham, WA 98225

Introducing a premier investment opportunity in the thriving Happy Valley area of Bellingham! This impressive multifamily property features 19 units, a mix of large 3 & 4 bedrooms, offering a substantial opportunity for income growth with historically low vacancy. Strategically located just three blocks from WWU campus, the property presents an enticing investment appeal with assumable debt at 3.1% for 3+ years. Prospective investors will appreciate the potential to boost income through revenue streams such as RUBS, coin-op laundry, and covered parking fees, while also benefiting from a desirable and spacious unit mix. Located just blocks to WWU, this property promises a lucrative and stable investment for the savvy investor.

Location Description:

Discover the vibrant neighborhood surrounding the Tens on 21st Street in Bellingham, WA, an area renowned for its eclectic mix of dining, entertainment, and outdoor recreational opportunities. Just moments from renowned local hotspots like Fairhaven Historic District, Boulevard Park, and the Bellingham Farmers Market, this location offers the perfect blend of urban convenience and natural beauty. Residents can easily explore the nearby trails, parks, and waterfront, while also enjoying easy access to a plethora of dining and shopping options in the thriving heart of Bellingham. The area's rich culture and thriving community make it an enticing location for those seeking an enriched living experience.