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ONE Real Estate

broker@1realty.com +1(360) 201-0908

Listed by:Bellwether Real Estate • Renae Ingraham

$ 965,000

Est. payment -/mo

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Active

1408 G ST Bellingham, WA 98225

4 Beds

4 Baths

2,352 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,352 sqft

Price per Sqft $410

Subdivision Lettered Streets

MLS Listing ID 2532842

Style 54 - 4-Plex

Bedrooms 4

Year Built 1980

Annual Tax Amount $7,502

Lot Size 4,792 Sqft

Lot Dimensions 100x50

Property Sub-Type Multi Family

Property Description

Exceptional investment opportunity located in Bellingham's waterfront Old Town District and the highly sought-after Lettered Streets neighborhood. This well-maintained fourplex features four 1-bedroom, 1-bath units, each offering views of Bellingham Bay. Ideally situated near downtown Bellingham, Western Washington University, the waterfront, shopping, dining, parks, and public transportation, this property benefits from strong rental demand and a highly convenient location. Features include a newer roof, a dedicated on-site parking lot with ample off-street parking, a community laundry room for tenant convenience, and a dedicated storage locker for each unit. Consistent occupancy and potential for future income growth through rent adjustments offer investors an opportunity to enhance returns over time. Multifamily opportunities in this location are rarely available. Combining bay views, walkability to the waterfront redevelopment district, and proximity to major employment, education, and recreation hubs, this property offers an attractive blend of stability and upside potential. Whether you're looking to expand an existing portfolio or acquire a quality multifamily asset in one of Bellingham's most desirable neighborhoods, this fourplex presents a compelling investment opportunity.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl, Wood Products

Amenities Available High Speed Internet

View Y/N Yes

View Bay, Islands

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Parkview Elem

Middle Schools Whatcom Mid

High Schools Bellingham High

School District Bellingham

Others

Senior Community No

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby School & Business

ONE Real Estate

Broker

+1(360) 201-0908

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