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1011 21st Street

Bellingham, WA 98225
  • $7,150,000
  • STATUS: Active
  • ON SITE: 10 days
  • ID#: 1783755
UPDATED: 56 min ago
$7,150,000
  • 0
    BEDS
  • 0.58
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1992
County:
Area:

School Ratings & Info

School District:
Listing Courtesy of The Foundation Group Llc.

Description

The Ten-Nineteen and Ten-Eleven Apartments are located 3 blocks from WWU in Bellinghams Happy Valley neighborhood. The two apartment buildings are situated on a single 25,265 SqFt tax parcel. The Ten Eleven building was constructed in 1992 and has eight 4bed/2bath units & two 3bed/2bath. This building has received significant improvements. The Ten Nineteen building was completed in 2003 and consists of nine 3bed/3bath units. Each of these nine units have washer dryers, natural gas fireplaces, decks, and a dedicated storage locker in the basement parking area. Together the property boasts 65 bedrooms across 19 large units. The property is fully leased up for the 2021-22 school year.

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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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-18T08:14:02.027.

www.home4investment.com/homes/117998741
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1011 21st Street Bellingham, WA 98225

  • Price: $7,150,000
  • Status: Active
  • Updated: 56 min ago
  • ID#: 1783755
0
Beds
0
Baths
0
½ Baths
0.58
Acres
1992
Built
Neighborhood:
Happy Valley
County:
Whatcom
Area:
Bellingham
School District:
Bellingham
Property Description
The Ten-Nineteen and Ten-Eleven Apartments are located 3 blocks from WWU in Bellinghams Happy Valley neighborhood. The two apartment buildings are situated on a single 25,265 SqFt tax parcel. The Ten Eleven building was constructed in 1992 and has eight 4bed/2bath units & two 3bed/2bath. This building has received significant improvements. The Ten Nineteen building was completed in 2003 and consists of nine 3bed/3bath units. Each of these nine units have washer dryers, natural gas fireplaces, decks, and a dedicated storage locker in the basement parking area. Together the property boasts 65 bedrooms across 19 large units. The property is fully leased up for the 2021-22 school year.
Exterior Features

Carport Spaces 7 Carport YN No Covered Spaces 14 Exterior Features Wood Products Lot Features AlleyPavedSidewalk Open Parking Spaces 17 Open Parking YN Yes Parking Total 38 Parking Uncovered Spaces 17 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN Yes Waterfront YN No

Interior Features

Fireplace YN No Flooring LaminateCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

Property Features

Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 473280 Insurance Expense 9264 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 353093 New Construction YN No Possible Use Multi-Family Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckGas AvailableHigh Speed InternetPatioSprinkler System Special Listing Conditions None Tax Annual Amount 36718 Tax Year 2021 Total Expenses 110721 Units In Building Total 19 Utilities Cable ConnectedHigh Speed InternetNatural Gas AvailableSewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 22278 Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2021 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 Ben Kinney Real Estate Team - Keller Williams Western Realty 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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-18T08:14:02.027.

 
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Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of The Foundation Group Llc.