4250 Dewey Rd - Residential Income FOR SALE


Bellingham, WA 98226
$1,299,999 USD
360-296-7352
4250 Dewey Rd, Bellingham, WA for Sale
$1,299,999 USD
Residential Income - FOR SALE
1/5
null | 4.42% Cap Rate

Dec '26


4250 Dewey Rd
Bellingham, WA 98226


HIGHLIGHTS

  • Several income-producing units for flexible investment or redevelopment options
  • Approximately 4 acres of excess land for development

OVERVIEW

Income-producing property with immediate value-add opportunity on beautiful 6.66 acre parcel. This property provides a stable income through month-to-month leases while allowing for future upside through repositioning, redevelopment, or operational optimization. Approximately four acres of access land. NOI is $57,500/year and proforma NOI is $99,000/year. All tenants are paying under market rent. Zoning is county, R5A.

FOR SALE DETAILS

PRICE

$1,299,999 USD

PRICE/SF

$137 USD /SF

CAP RATE

4.42%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.65 AC

LAND SF

289,674 SF

ZONING

R5A

APN/PARCEL ID

380309-420183-0000

ASK ABOUT THIS PROPERTY

Hannah CanoWindermere Real Estate/Whatcom, Inc.More Info
360-296-7352

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Hannah CanoWindermere Real Estate/Whatcom, Inc.More Info
360-296-7352

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