4777 Guide Meridian, Bellingham, WA 98226

$2,200,000
12,255
SqFt

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Listing courtesy of Windermere RE Whatcom, Inc..

List Price
$2,200,000
Status
ACTIVE
MLS#
2511002
Days on Market
272
Style
55 - 5-9 Units
Building Condition
Average
Finished SqFt
12,255
Area Total SqFt
12255
Annual Tax Ammount
13968
Internet Provider
Ziply Fiber
Lot Size (sq ft)
418,176
Sewer
Septic Tank

Property Description

Motivated Seller! Almost an 8% Cap rate. Unlock the potential of this rare multifamily investment with future commercial/industrial zoning expected fall of 2025. Currently generating strong income ($169K+ gross), this well-positioned property invites redevelopment—imagine storage, mixed-use, or a custom concept with city collaboration. Two curb cuts, three upgraded septic systems, Deer Creek Water rights, and a sewer stub make future expansion seamless. Seven versatile, well-kept structures include homes, shops, a barn, and a showroom—all in excellent shape. A unique chance to invest now and shape what’s next.

Additional Information

List Date
2025-10-31 18:35:36
Community
Cordata
Total Monthly Income
$13,700
Total Expenses
$13,968
Cap Rate
7
Total Number of Units
6
Unit Name
4777
Potential Terms
Cash, Conventional
Year Built
1973
View
Territorial
Roof
Composition, Metal
Site Features
Deck, Outbuildings, Propane, RV Parking, Shop
Energy Source
Electric, Propane
School District
Meridian
Elementary School
Irene Reither Primar
Middle School
Meridian Mid
High School
Meridian High
Total Monthly Income
$13,700
Tax Year
2025
Total Expenses
$13,968
Cap Rate
7
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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