Bellingham Homes with 56 - 10+ Units Style

Bellingham Homes with 56 - 10+ Units Style

Welcome to Bellingham, Washington—an enchanting city nestled between the stunning Cascade Mountains and the picturesque shores of Bellingham Bay. Known for its vibrant arts scene, outdoor adventure opportunities, and a strong sense of community, Bellingham offers a unique lifestyle that seamlessly blends urban amenities with natural beauty.

As the largest city in Whatcom County, Bellingham boasts a rich history and a diverse cultural landscape. Here, you can explore charming neighborhoods filled with historic architecture, trendy cafes, and eclectic shops. The city is home to Western Washington University, fostering a youthful energy and a commitment to sustainability that resonates throughout the community.

For those seeking investment opportunities or spacious living arrangements, Bellingham features an array of homes with 56 to 10+ units. These multi-family properties are ideal for investors looking to capitalize on the growing rental market or for families seeking ample space to accommodate multiple generations under one roof. With the city's steady population growth and a demand for housing, these homes represent a sound investment in a thriving area.

Imagine enjoying the breathtaking views of the surrounding natural landscapes while being just minutes away from urban conveniences. Residents can partake in outdoor activities like hiking, kayaking, and biking, or indulge in the local culinary scene with farm-to-table restaurants and craft breweries.

Whether you’re looking to invest or find a spacious home for your family, Bellingham's charm and vibrant community await you. Discover the potential of multi-family living in this beautiful corner of Washington State.

Newest Bellingham Homes with 56 - 10+ Units Style

$2,250,000
2553317 MLS ACTIVE Status
Welcome to the Avalon! An appealing multifamily investment opportunity located at 201 N Commercial Street in Bellingham, Washington. Originally built between 1900 and 1906, the property is a two-story, sixteen-unit apartment community located in downtown Bellingham. Built as ten large flats, the Bellingham Herald described the building as “the leading fashionable apartment house in the city and the most modern.” Tenants enjoy nine-foot ceilings throughout all units, with ample natural light provided by large windows in nearly every room. The original fir siding remains in excellent condition, contributing to the historic charm of the property. The property unit mix consists of two studios with approximately 400 square feet, eight one-bedrooms averaging approximately 600 square feet, and six two-bedrooms averaging approximately 930 square feet. All units retain their original trim, and many retain original fir flooring that’s been repainted over time. Some units have been upgraded with baseboard heat, and all units have radiator heat served by a steam boiler in the basement. There is no known knob-and-tube wiring, and Square D electrical panels supply electricity to the units. Supply lines have been replaced with pex plumbing in nearly all units. The Avalon offers excellent price-per-pound metrics of $140,625 per unit and $201 per foot, not including the large basement. The Avalon provides an excellent, risk-adjusted income stream with room for growth in the long term.

201 N Commercial Street, Bellingham

Listing courtesy of John L. Scott, Inc.

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