3613 Consolidation Avenue Bellingham, WA $ 21,000,000
3613 Consolidation Avenue
$ 21,000,000
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3613 Consolidation Avenue

Bellingham, WA, 98225
$ 21,000,000
Baths0.0

Monthly Estimate*

$ 146,691

Listed by Muljat Group
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Studio

Multi-Family Home for sale in Bellingham, WA

for $21,000,000. This home was built in 2021 on a lot size of 0.6325.

Location!!! This property is inside the Samish Way Urban Village Plan. Built in 2021 Samish Flats luxury apartment homes offer all the modern amenities including w/d in units. Low vacancies can be attributed to the convenient location, near I-5 and Western Washington University. The 20 lower-level garage spaces offer additional income. In addition to the tenants paying all utilities, the property enjoys an 8-year tax abatement on the improvements. Owner will consider partial financing, rate negotiable, price to adjust accordingly.

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Multi-Family Active

Price

$ 21,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 11,354

Style

10+ Units

Lot Size

0.6325

Year Built

2021

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2140595

Features
General
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Metal
Exterior Features Cement Planked
HOA 0
Security Features FullyFenced
Year Built 2021
View Mountain(s) Territorial
Property SubType Multi-Family
Tax Year 2023
County Whatcom
Net Operating Income 819571
Insurance Expense 18000
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Sehome
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Exit 252 N on Samish Way R on Consolidation Property on Left
City Bellingham
Buyer Agent Compensation 1.0
View Y/N Y
Senior Community Y/N N
High School District Bellingham
Open Parking Spaces 36
Total Units 37
MLS Area 860 - Bellingham
Lot Size Square Feet 27550
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Consolidation
Listing Terms Cash Out Conventional
Tax Annual Amount 11354
Electric Expense 3840
Fuel Expense 0
Property Condition Very Good
Public Remarks Location!!! This property is inside the Samish Way Urban Village Plan. Built in 2021 Samish Flats luxury apartment homes offer all the modern amenities including w/d in units. Low vacancies can be at
Leasable Area 37207
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Elevator
Units Below Grade false
Units In Building Total 37
Zoning Class Multi-Family
Water Sewer Garbage 21250
Property Style 56 - 10+ Units
Cap Rate 3.9
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Exterior
Lot Features Curbs Dead End Street Paved Sidewalk
Water Source Public
Total Parking 56
Foundation Details Poured Concrete
Lot Size Acres 0.6325
Lot Size Units Square Feet
Covered Spaces 20
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet
Parking Uncovered Spaces 36
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Interior
Total Stories 6
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Living Area Units Square Feet
Power Production Type Electric
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Internal Only
OriginalMLSID NWM2140595
Street Number 1 3613
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* Excluded Features
List By
Barb Davison

Listing Agent

Muljat Group

Broker

Affordability Calculator

$147,637
Per Month
99%
1%
0%
Monthly Principal & Interest
$146,691
Monthly Property Taxes
$946
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
256623 Elementary School
257507 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/21/2023$21,000,000 Listed Price

Map


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3613 Consolidation Avenue, Bellingham, WA, 98225 is a Multi-Family Home for sale at $21,000,000 with a lot size of 0.6325. 3613 Consolidation Avenue is a studio with 0.0 baths and was built in 2021. The property's zip code is 98225 which is in Bellingham, WA