Bellingham, WA 98225,1309 Billy Frank Jr ST
Bellingham, WA 98225,1309 Billy Frank Jr ST
Bellingham, WA 98225,1309 Billy Frank Jr ST
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Listed by Hammer Properties NW Inc. Nikki Quinn 
$4,995,000
Est. payment /mo
30 Beds
13 Baths
11,094 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,094 sqft

Price per Sqft $450

Subdivision Downtown

MLS Listing ID 2459615

Style 56 - 10+ Units

Bedrooms 30

Year Built 2022

Annual Tax Amount $3,967

Lot Size 6,970 Sqft

Lot Dimensions 55x125

Property Sub-Type Multi Family

Property Description

Prime investor opportunity in Downtown Bellingham's Urban Village. This 3-year-old, 13-unit building offers modern construction, low operating costs, and strong tenant demand in a highly walkable core location. Units feature contemporary finishes and efficient systems designed for long-term durability. Units have full appliance suite: range, fridge, dishwasher, washer+dryer. Ten parking spaces can be rented separately. There is a bike storage room and a bus stop out front. Five years remain on the Multi-Family Tax Exemption (MFTE), providing valuable tax savings and enhancing projected returns. With stable occupancy and minimal maintenance needs, this turnkey asset is ideal for investors seeking steady performance and future appreciation.

Location

State WA

County Whatcom

Area 860 - Bellingham

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Brick, Cement/Concrete, Metal/Vinyl

Amenities Available Cable TV, Gated Entry, High Speed Internet, Sprinkler System

View Y/N Yes

View Bay, City, Mountain(s), Territorial

Roof Type Flat

Building

Lot Description Alley, Secluded, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Lowell Elem

Middle Schools Fairhaven Mid

High Schools Sehome High

School District Bellingham

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional


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Northwest MLS (NWMLS)
Mike Farrell

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1309 Billy Frank Jr ST