3613 Consolidation Avenue, Bellingham, 98225

Residential Income - Multi-Family For Sale in Sehome

$23,000,000

–Beds
–Baths
38,078Sqft
.55Acres
2021Built
36DOM
MLS® #: 1965466
Active, 36 Days on Market
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Samish Flats luxury apartment homes recently completed in fall of 2021. Low vacancies can be attributed to the convenient location, near I-5 and Western Washington University, as well as the Sehome area’s rapid redevelopment. The 37-units are fully equipped with stove/oven, refrigerator, dishwasher, in-unit washer/dryer, and some units feature balconies. The 20 lower-level garage spaces offer additional income, plus additional surface parking is available. In addition to the tenants paying all utilities, the property enjoys an 8-year tax abatement on the improvements, thus having a low expense ratio.

Listing Office: Muljat Group.

Essential Information

MLS® #: 1965466
Price: $23,000,000
Bathrooms: 0.00
Square Footage: 38,078
Acres: 0.55
Year Built: 2021
Type: Residential Income
Sub-Type: Multi-Family
Status: Active

Financials

Property Taxes: $3,286
$/SqFt: $604

Community Information

Address: 3613 Consolidation Avenue
Area: 860 - Bellingham
Subdivision: Sehome
City: Bellingham
County: Whatcom
State: WA
Zip Code: 98225

Amenities

Parking Spaces: 56

Interior

Interior Features: Forced Air, Heat Pump
# of Stories: 6

Exterior

Exterior Features: Cement Planked

School Information

District: Bellingham

Additional Information

Days on Market: 36
Cumulative Days on Market: 36

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Listing information last updated on August 16th, 2022 at 8:58pm CDT.