3330 Northwest Avenue, Bellingham, WA 98225

$4,400,000
17,760
SqFt

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Listing courtesy of Windermere RE Whatcom, Inc..

List Price
$4,400,000
Status
ACTIVE
MLS#
2446667
Days on Market
227
Style
56 - 10+ Units
Finished SqFt
17,760
Area Total SqFt
17760
Annual Tax Ammount
22016
Lot Size (sq ft)
51,100
Sewer
Sewer Connected

Property Description

Rare 20-plex in fantastic Bellingham location! 3330 Northwest Avenue features twenty 888 SF, 2-bedroom, 2-story townhouse-style units, each with private back patios & in-unit laundry. Continuous low-vacancy & promising future upside potential make this a fantastic investment opportunity. The property, comprised of two 4-plexes & two 6-plexes, backs up to the Bellingham Golf & Country Club, offering a desirable setting & strong tenant appeal. Situated on a spacious lot with 42 parking spaces & an additional ±15,000 SF of vacant land, there’s excellent potential for future expansion or additional units. A well-maintained and income-producing 20-plex in a prime location with upside—perfect for investors seeking long-term stability & growth.

Additional Information

List Date
2025-12-14 22:09:22
Community
Birchwood
Net Operating Income
$241,068
Gross Adjusted Income
$355,212
Gross Scheduled Income
$358,200
Total Monthly Income
$358,800
Insurance Expenses
$21,600
Water/Sewer/Garbage Expenses
$26,000
Total Expenses
$114,144
Cap Rate
5.3
Vacancy Rate
1
Total Number of Units
20
Unit Name
3330
Potential Terms
Cash, Conventional
Year Built
1969
View
Territorial
Roof
Flat
Site Features
Fenced-Partially, Gas Available, High Speed Internet
Other Expenses
44528
Energy Source
Electric
School District
Bellingham
Total Monthly Income
$358,800
Gross Scheduled Income
$358,200
Vacancy Rate
1
Gross Adjusted Income
$355,212
Tax Year
2025
Insurance Expense
$21,600
W/S/G Expenses
$26,000
Total Expenses
$114,144
Net Operating Income
$241,068
Cap Rate
5.3
Based on information submitted to the MLS GRID as of . 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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