2106 Young Street, Bellingham, WA 98225
- $1,295,000
- 2,924
- SqFt
Listing courtesy of Real Broker LLC.
- List Price
- $1,295,000
- Status
- ACTIVE
- MLS#
- 2511326
- Days on Market
- 91
- Style
- 53 - Tri-plex
- Building Condition
- Very Good
- Finished SqFt
- 2,924
- Area Total SqFt
- 2924
- Annual Tax Ammount
- 5500
- Internet Provider
- xfinity
- Lot Size (sq ft)
- 4,356
- Sewer
- Sewer Connected
Property Description
A home from 1910 with an effective year built of 2026. The entire property was taken down to its original clear cedar framing and thoughtfully rebuilt by a highly reputable Bellingham contractor and licensed subcontractors, with 2026 building codes. New electrical, plumbing, HVAC, insulation, windows, fire-rated assemblies, kitchens, bathrooms and systems throughout, while the warmth and character of the original home were intentionally preserved. A rare opportunity to own a fully renovated and fully rented triplex in one of Bellingham’s most beloved downtown neighborhoods. Located just blocks from the courthouse, professional offices, downtown amenities and PeaceHealth St. Joseph Medical Center, this property offers connection, convenience and strong rental potential. The approximately 1,500-square-foot main-floor unit features two bedrooms, an office and generous living and dining spaces. It is currently rented and set up as a short-term or midterm rental. The two upper one-bedroom units are approximately 700 square feet each and currently rented for $2,200 and $2,300 per month. Each unit includes its own hot water heater and in-unit washer and dryer. Shared basement storage and off-street parking add to the functionality. Fully permitted and truly turnkey, this is more than an investment. It is a chance to own a piece of Bellingham history, thoughtfully brought forward for the way we live today.
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Additional Information
- List Date
- 2026-04-29 22:27:30
- Community
- Lettered Streets
- Net Operating Income
- $62,220
- Gross Adjusted Income
- $77,520
- Gross Scheduled Income
- $81,600
- Total Monthly Income
- $6,600
- Insurance Expenses
- $3,000
- Water/Sewer/Garbage Expenses
- $4,800
- Gross Rent Multiplier
- 15.87
- Total Expenses
- $13,300
- Cap Rate
- 4.8
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 2106
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1901
- View
- City
- Roof
- Composition
- Energy Source
- Electric
- School District
- Bellingham
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,600
- Gross Scheduled Income
- $81,600
- Vacancy Rate
- 5
- Gross Adjusted Income
- $77,520
- Tax Year
- 2026
- Insurance Expense
- $3,000
- W/S/G Expenses
- $4,800
- Total Expenses
- $13,300
- Net Operating Income
- $62,220
- Gross Rent Multiplier
- 15.87
- Cap Rate
- 4.8
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.