2316 Yew Street Rd - Apartments FOR SALE


Bellingham, WA 98229
$1,150,000 USD
360-441-2632
2316 Yew Street Rd, Bellingham, WA for Sale
$1,150,000 USD
Apartments - FOR SALE
1/18
null | 6.2% Cap Rate

2316 Yew Street Rd
Bellingham, WA 98229


HIGHLIGHTS

  • New Septic system installed Q1 2025
  • Roof and exterior paint less than 10 yrs old
  • All components & fixtures work. Property has been maintained.

OVERVIEW

Attention savvy investors! 4plx in secluded county location yet convenient to town, Galbraith, Lk Padden, Wade King elem, I5... Backs up to forested green belt. 2 story building with daylight basement on slab, 2 units up, 2 down. Each unit configured alike with open concept layout, generous room sizes, full baths, private laundry, decent storage, deck/patio, private entry and (2) parking per unit. Brand new Oscar septic and curtain drain, roof and exterior paint less than 10 years new, wood siding, double pane vinyl windows / sliding glass doors, lam. hardwoods throughout many areas, carpeted bedrooms. Stable upside rent, minimal expenses, good metrics, over 6% cap rate, recent capital improvements, great location.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$270 USD /SF

# OF UNITS

4

PRICE/UNIT

$287,500

CAP RATE

6.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2316 Yew Street Rd

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

UR-MX 6-12

APN/PARCEL ID

21408

ASK ABOUT THIS PROPERTY

Thomas BrentonColdwell Banker BAINMore Info
360-441-2632

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Thomas BrentonColdwell Banker BAINMore Info
360-441-2632

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.