$4,000,000

16 Marine View Apartments on Luxury Condo Site in Bellingham, WA

Bellingham, Whatcom County, Washington
near Bellingham Bay

0.64
ACRES

27
BEDROOMS

17
BATH

17880
SQ FT

Property description

Earn Income while enjoying Bellingham Bay Views!

This MultiFamily property consists of a 12 Unit Apartment Building and a Two Duplexes on 27,878 SQFT of land.

Discover an unparalleled investment opportunity in one of Bellingham’s most coveted locations—South Hill / Fairhaven. With front-row views of Bellingham Bay, this premier site is poised for transformation into a luxury condominium enclave, supporting values in the $1.7M–$2.7M range

With a mix of 8 two-bedroom, 7 one-bedroom and 1 four-bedroom units, this property offers immediate cash flow potential, grossing $328,020 annually. Enjoy rental income today while envisioning a future of high-end Marine View living. With zoning for unlimited condominiums, the possibilities are vast—renovate, rebuild, or redevelop to maximize value.

Details

Home Features

This is Income generating property. Rehab one or both of the Duplexes for your use while earning Income from the 12 Unit Apartment building. Overlooks Boulevard Park and Bellingham Bay. Close to Fairhaven Village, Parks and connecting Trails.

Information deemed reliable, but not guaranteed. Buyer to verify all information