Provided by NWMLS, Listed by COMPASS
Active
2603 Elm Street
Bellingham WA, 98225
$1,875,000
$276.79 per sqft
Active
6,774 sqft
Multi-family
Built in 1925
This well-maintained 9-unit property in Bellingham's sought-after Columbia neighborhood offers strong upside potential. With fully renovated units achieving near-market rents. attractive assumable debt, and 100% historical occupancy, it's a solid investment. The property is ideally located near downtown, public transit, and amenities. Future rezoning could allow for additional units, while slowing new deliveries in Bellingham set the stage for rent growth - projected to rise 21% over the next four years.
2315547
MLSⓇ ID
December 11, 2024
Listed
December 11, 2024
Updated
Map
2603 Elm Street
Bellingham WA, 98225
Interior Features
Total Stories
2
Interior Features
Hardwood, Wall to Wall Carpet
Floor Description
Hardwood, Vinyl, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Radiator
Exterior/Building Features
Lot Size
0.1 Acres
Exterior Features
Brick
Lot Features
Corner Lot, Paved, Sidewalk
Roof
See Remarks
Sewer
Sewer Connected
School Information
School District
Bellingham
High School
Bellingham High
Elementary School
Columbia Elem
Other Property Details
Area Name
860 - Bellingham
Taxes
$6,221
Tax Frequency
Annually
Garage
No
Parking Total
2
View
No
County
Whatcom
Water Source
Public
Pool
No
The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/21/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/21/2024 at 3:00 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Data last updated on 12/21/2024 at 3:00 PM UTC