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    2502 Douglas Avenue

    Bellingham, WA 98225
    • $7,207,000
    • STATUS: Sold
    • ON SITE: 267 days
    • ID#: 1559514
    Sold - 07/31/2020
    $7,207,000
    SOLD - 07/31/2020
    • 0
      BEDS
    • 1.54
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1983
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of Windermere Real Estate Whatcom.

    Description

    Highly sought after 38 unit apartment complex walking distance to the college. Includes 3 buildings having been professionally managed and in very good condition. New roof on all buildings one year ago. Additional shop area that was laundry before w/dryers installed in units. Complex has virtually zero vacancy as rented on 1 year leases & always a waiting list. All apartments are 2 bedrooms with fireplaces & decks/patios. Across the street from a WWU park. Cap based on 2019 & has increased since

    Listing by Gary Davidson. Sold by Windermere Real Estate Whatcom.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-10-28T07:15:12.4.

    www.thekendratoddgroup.com/homes/102867266
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    2502 Douglas Avenue Bellingham, WA 98225

    • Price: $6,010,000
    • Status: Sold
    • Updated: 37 min ago
    • ID#: 1559514
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.54
    Acres
    1983
    Built
    Neighborhood:
    Sehome
    County:
    Whatcom
    Area:
    Bellingham
    School District:
    Bellingham
    Property Description
    Highly sought after 38 unit apartment complex walking distance to the college. Includes 3 buildings having been professionally managed and in very good condition. New roof on all buildings one year ago. Additional shop area that was laundry before w/dryers installed in units. Complex has virtually zero vacancy as rented on 1 year leases & always a waiting list. All apartments are 2 bedrooms with fireplaces & decks/patios. Across the street from a WWU park. Cap based on 2019 & has increased since
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features WoodWood Products Lot Features CurbsPavedSidewalk Open Parking Spaces 60 Open Parking YN Yes Parking Total 60 Parking Uncovered Spaces 60 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring VinylCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type BaseboardInsert Heating YN Yes

    Property Features

    Building Name Orchard Meadows Lla Electric Expense 1437 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 470661 Insurance Expense 10649 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Lot Number 1 Net Operating Income 330533 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckFenced-PartiallyHigh Speed InternetShop Special Listing Conditions None Tax Annual Amount 36488 Tax Year 2019 Total Expenses 140128 Units In Building Total 38 Utilities Cable ConnectedHigh Speed InternetSewer ConnectedElectricity Available Water Sewer Garbage 24160 Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Kendra Todd Group at Keller Williams and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Kendra Todd Group at Keller Williams are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-10-28T07:15:12.4.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1559514_01.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1559514_01.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1559514_01.jpg
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    The Kendra Todd Group at Keller Williams
    1307 N. 45th Street Suite 300
    Seattle WA, 98103
    Listing Courtesy of Windermere Real Estate Whatcom.