3092 Mt Baker Highway, Bellingham, WA 98226
- $1,250,000
- 3,505
- SqFt
Listing courtesy of Muljat Group.
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- 2554842
- Days on Market
- 33
- Style
- 55 - 5-9 Units
- Building Condition
- Average
- Finished SqFt
- 3,505
- Area Total SqFt
- 3505
- Annual Tax Ammount
- 7522
- Internet Provider
- Ziply or other
- Lot Size (sq ft)
- 204,732
- Sewer
- Septic Tank
Property Description
HUGE INVESTMENT OPPORTUNITY! Approximately 5 acres along the Mount Baker Highway corridor featuring a unique collection of residential and shop improvements and currently bringing in $12,650 / mo in rent. The property includes a 3-bedroom residence situated away from the road, flexible lower-level living areas with multiple bedrooms, kitchens, baths, and separate entrances, a manufactured home near the highway frontage, and a secluded beautiful and private RV area located further back on the property with septic/power/water. Additional improvements include a 40' x 60' clear-span shop building and a 40' x 40' shop with additional upper-level space. Ample parking, open yard areas, and excellent access create a versatile property with a rare combination of residential, shop, storage, and outdoor space. Conveniently located 10 minutes from I-5 and on the way to Mount Baker recreation areas.
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Additional Information
- List Date
- 2026-06-26 01:13:12
- Community
- Bellingham
- Net Operating Income
- $133,024
- Gross Adjusted Income
- $147,246
- Gross Scheduled Income
- $151,800
- Total Monthly Income
- $12,650
- Insurance Expenses
- $6,700
- Gross Rent Multiplier
- 8.23
- Total Expenses
- $14,222
- Cap Rate
- 10.64
- Vacancy Rate
- 3
- Total Number of Units
- 6
- Unit Name
- 3092
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1956
- Roof
- Composition
- Site Features
- High Speed Internet, Outbuildings, Propane, RV Parking, Shop
- Energy Source
- Electric
- School District
- Mount Baker
- Elementary School
- Harmony Elem
- Middle School
- Mount Baker Jnr High
- High School
- Mount Baker Snr High
- Total Monthly Income
- $12,650
- Gross Scheduled Income
- $151,800
- Vacancy Rate
- 3
- Gross Adjusted Income
- $147,246
- Tax Year
- 2026
- Insurance Expense
- $6,700
- Total Expenses
- $14,222
- Net Operating Income
- $133,024
- Gross Rent Multiplier
- 8.23
- Cap Rate
- 10.64
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.