3350 Cherrywood Avenue, Bellingham, WA 98225
- $1,795,000
Listing courtesy of Windermere RE Whatcom, Inc..
- List Price
- $1,795,000
- Status
- ACTIVE
- MLS#
- 2496625
- Days on Market
- 126
- Style
- 52 - Duplex
- Annual Tax Ammount
- 15144
- Lot Size (sq ft)
- 25,700
- Sewer
- Sewer Connected
Property Description
Great opportunity to own 3 sets of single-level duplexes, 6 units total. Each unit features 2 beds / 1 bath, living room w/ vaulted ceilings throughout, in-unit washer/dryer and a single car garage. Strong reliable rental history with path for new owner to improve rental potential. Duplexes are located in a quiet & walkable residential neighborhood offering convenient living for tenants with Costco, Fred Meyer, shopping, restaurants, parks, Bellingham waterfront, airport & I-5 access all only 5 minutes away. Long term tenants in place. Simple single-level building make this a great first multi-family investment opportunity or addition to your portfolio. Additional set of identical duplexes also listed for sale.
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Additional Information
- List Date
- 2026-03-24 07:26:12
- Community
- Birchwood
- Net Operating Income
- $77,267
- Gross Scheduled Income
- $114,000
- Total Monthly Income
- $9,500
- Insurance Expenses
- $3,589
- Water/Sewer/Garbage Expenses
- $18,000
- Gross Rent Multiplier
- 15
- Total Expenses
- $36,733
- Cap Rate
- 4.3
- Total Number of Units
- 6
- Unit Name
- 3350
- Potential Terms
- Cash, Conventional
- Year Built
- 1971
- Roof
- Torch Down
- Site Features
- Cable TV, High Speed Internet
- Energy Source
- Natural Gas
- School District
- Bellingham
- Total Monthly Income
- $9,500
- Gross Scheduled Income
- $114,000
- Tax Year
- 2026
- Insurance Expense
- $3,589
- W/S/G Expenses
- $18,000
- Total Expenses
- $36,733
- Net Operating Income
- $77,267
- Gross Rent Multiplier
- 15
- Cap Rate
- 4.3
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.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.