Investment opportunity at 2312 Orleans St, Bellingham! This well-maintained 4-unit apartment building in a central location offers future development potential for up to four more units on the back of the lot. A great option for cash flow while you develop. Location allows easy access to shopping, restaurants, entertainment, and freeway connections. Building has three spacious 2-bed, 1-bath units, one 1-bed, 1-bath unit, and an on-site coin-op laundry. Current rents are below market with a potential of $1,700-$1,900/month. Ideal for serious investors looking to grow ROI. Buyer to verify future development.
DAYS ON MARKET
|
47
|
LAST UPDATED
|
9/13/2024
|
TRACT
|
Bellingham
|
YEAR BUILT
|
1973
|
COMMUNITY
|
Bellingham
|
COUNTY
|
Whatcom
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
School District |
Bellingham |
AIR |
None |
AREA |
860 - Bellingham |
CONSTRUCTION |
Wood Siding |
HEAT |
Baseboard, Electric |
INTERIOR |
Laminate, Wall to Wall Carpet |
LOT |
10019 sq ft |
LOT DESCRIPTION |
Paved, Sidewalk |
STORIES |
2 |
STYLE |
54 - 4-Plex |
SUBDIVISION |
Bellingham |
TAXES |
6741 |
UTILITIES |
Cable Available, Sewer Connected |
VIEW |
Yes |
VIEW DESCRIPTION |
Territorial |
WATER |
Public |
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Properties with the icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/30/24 2:18 AM PDT. 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.
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