Bellingham, WA 98225 820 32nd Street
$15,495,000
35 more
Presented By: Windermere Real Estate Whatcom and NWMLS
- MLS# 2333623
- 02/26/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 51,316
Home Details
This well-maintained 57-unit apartment/townhouse complex (5 bldg) is in a high demand area, 1 mile from WWU. Strong reliable rental history. Roofs replaced and exterior painted last 3 years; windows new with dbl pane. Units remodeled (countertops, cabinet faces, flooring fixtures, upgraded appliances). Full size washer/dryer in each unit. Rare opportunity:land is zoned for 27 additional units. 2 minutes from I/5, Historic Fairhaven, excellent shopping, and next to Joe’s Garden. All units have 2 bedrooms (53 – 850 sq ft units; 4 – 1,059 sq ft units; 4 – ADA features). Baths: 32 apts with 1 – ¾ bath; 21 townhouses with 1 – ½ bath; 4 apts with 1 large bath. Bellingham has high growth but limited new supply. Excellent income producing property.
Presented By: Windermere Real Estate Whatcom and NWMLS
Interior Features for 820 32nd Street
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3
General for 820 32nd Street
AmenitiesSee Remarks, Thermal Windows
Building Area UnitsSquare Feet
Building NameSehome Court
Cap Rate3
Carport Spaces
Carport Y/NNo
CityBellingham
CoolingNone
CountyWhatcom
DirectionsI-5 to Samish Way exit follow west of the freeway 36th St to Fielding follow to 820 32nd just north of Joe’s Garden’s.
Electric Expense1716
Elementary SchoolHappy Vly Elem
Energy EfficientThermal Windows
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High SchoolSehome High
High School DistrictBellingham
Insurance Expense22184
Leasable Area50956
Listing TermsCash Out, Conventional
Lot Size Square Feet84071
Lot Size UnitsSquare Feet
MLS Area860 – Bellingham
Middle/Junior High SchoolFairhaven Mid
ModificationTimestamp2025-09-15T21:43:10.852Z
NWM_ShowMapLinkY
Net Operating Income562129
New ConstructionNo
Number Of Units Total57
Open Parking Spaces90
PossessionClosing, Subject to Tenant Rights
Possible UseMulti-Family
Property ConditionVery Good
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThis well-maintained 57-unit apartment/townhouse complex (5 bldg) is in a high demand area, 1 mile from WWU. Strong reliable rental history. Roofs replaced and exterior painted last 3 years; windows n
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameSehome
Tax Annual Amount52463
Tax Year2024
Units Below Gradefalse
Units In Building Total57
ViewCity, Territorial
Virtual TourClick here
Water CompanyCity of Bellingham
Water Sewer Garbage40363
Year Built1988
Zoning DescriptionMulti-Family
Exterior for 820 32nd Street
Building Area Total51316
Covered Spaces
Exterior AmenitiesCement Planked, Wood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions490×200
Lot FeaturesCurbs, Paved, Sidewalk
Lot Size Acres1.93
Parking Uncovered Spaces90
Site FeaturesCable TV, Deck, Fenced-Partially, High Speed Internet, Patio
Total Parking90
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Fairhaven Mid
Elementary School
Happy Vly Elem
High School
Sehome High
Josh QA1
REALTOR ® SRES ®