Bellingham Homes with 56 - 10+ Units Style

Bellingham Homes with 56 - 10+ Units Style

Welcome to Bellingham, Washington—a vibrant city nestled between the breathtaking Cascade Mountains and the shimmering waters of Bellingham Bay. Known for its stunning natural beauty and rich cultural scene, Bellingham is a place where outdoor enthusiasts and city dwellers alike can find their perfect slice of paradise.

As you explore the neighborhoods of Bellingham, you'll discover a diverse array of homes that cater to various lifestyles. Among these, properties featuring 56 to 10+ units stand out as excellent investment opportunities. These multi-family residences provide not only a chance for homeownership but also the potential for rental income, making them particularly appealing to savvy investors.

Bellingham's neighborhoods are characterized by their unique charm and community spirit. From the historic Fairhaven district, with its quaint shops and waterfront views, to the bustling downtown area filled with art galleries, breweries, and restaurants, there’s something for everyone. Families will appreciate the top-rated schools and parks, while outdoor enthusiasts can take advantage of nearby hiking trails, biking routes, and stunning waterfront access.

The city is also home to Western Washington University, which adds a youthful energy to the community and supports a thriving local economy. With a strong sense of community and a commitment to sustainability, Bellingham is not just a place to live—it's a place to thrive.

Whether you're considering investing in multi-family homes or looking for a vibrant place to settle down, Bellingham offers a unique blend of opportunity, culture, and natural beauty that’s hard to resist. Come and discover the magic of Bellingham for yourself!

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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