1810 Wilson Avenue, Bellingham, WA 98225
- $899,000
- 2,592
- SqFt
Listing courtesy of COMPASS.
- List Price
- $899,000
- Status
- ACTIVE
- MLS#
- 2539221
- Price Change
- ▼ $26,000 1784601444
- Days on Market
- 46
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,592
- Area Total SqFt
- 2592
- Annual Tax Ammount
- 6734
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 7,405
- Sewer
- Sewer Connected
Property Description
HAPPY VALLEY TRIPLEX with ADDITIONAL DEVELOPMENT POTENTIAL! Premium location and a massive 7500 square foot lot make this truly an exceptional opportunity. Nestled between Wilson Ave. and Cowgill Ave. with access off both parallel streets. From Wilson, you have two apartments each with a one-car attached garage. The units feature 2 bedrooms, 1 full bath, open kitchen / living room layout, spacious bedrooms, closets off the hall and in-bathroom, and a slider out to a deck to BBQ or lounge in the beautiful PNW weather. Each unit also has a full size washer/dryer in their extra deep 1-car attached garages. Both units have 1 year leases recently re-signed at $1750 and $1850/mo. On the backside of the property, accessed from Cowgill Ave, you have an oversized 1008 sq. ft. studio apartment with a full kitchen, full size washer/dryer, massive living room and extra-large sleeping / storage / lounge space. The extra large parking area / yard accessed off Cowgill Ave. has the potential to hold additional units (Buyer to verify with COB), giving this property considerable upside opportunity in the years ahead. In the attendance areas of Lowell Elementary, Fairhaven Middle School and Sehome High School. Blocks to Fairhaven Village and its countless shops, restaurants, parks and entertainment. Continue collecting rents, or plan to house-hack while South Side real estate prices continue their steady climb.
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Additional Information
- List Date
- 2026-06-12 21:43:12
- Community
- Fairhaven
- Net Operating Income
- $47,899
- Gross Adjusted Income
- $59,400
- Gross Scheduled Income
- $59,400
- Total Monthly Income
- $4,950
- Insurance Expenses
- $1,291
- Water/Sewer/Garbage Expenses
- $3,476
- Gross Rent Multiplier
- 15.13
- Total Expenses
- $11,501
- Cap Rate
- 5.32
- Total Number of Units
- 3
- Unit Name
- 1810
- Potential Terms
- Cash, Conventional
- Year Built
- 1971
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, High Speed Internet
- Energy Source
- Electric
- School District
- Bellingham
- Elementary School
- Lowell Elem
- Middle School
- Fairhaven Mid
- High School
- Sehome High
- Total Monthly Income
- $4,950
- Gross Scheduled Income
- $59,400
- Gross Adjusted Income
- $59,400
- Tax Year
- 2025
- Insurance Expense
- $1,291
- W/S/G Expenses
- $3,476
- Total Expenses
- $11,501
- Net Operating Income
- $47,899
- Gross Rent Multiplier
- 15.13
- Cap Rate
- 5.32
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.