Bellingham, WA 98225 3405 3407 Consolidation Avenue
$2,750,000
34 more
Presented By: Congress Realty and NWMLS
- MLS# 2371347
- 05/06/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
GSI $183,000 ($15,270/mo) – WWU Multi-Family. Cap 5.75% – Tenant(s) pay all utilities. No Vacancies – Owner Built – As New – No Deferred Maintenance – Impeccable. Fully pre-leased thru summer 2026 with co-signers! Recently Appraised At $2,850,000. Mix 4 & 6 Bdrm Townhouse/Flats. 1,650 to 2,200 sq. ft. 9 foot ceilings – Oversized bdrms/baths – Full size washer/dryers. Decks/Patios. Designed as student rentals. Professionally landscaped low maintenance grounds, with privacy hedges. Near campus, just off Bill McDonald Pkwy & Samish Way. This is a trophy university investment rental property.
Presented By: Congress Realty and NWMLS
Interior Features for 3405 3407 Consolidation Avenue
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces
Total Stories2
General for 3405 3407 Consolidation Avenue
AmenitiesThermal Windows
Building Area UnitsSquare Feet
Cap Rate5.75
Carport Spaces
Carport Y/NNo
CityBellingham
CoolingDuctless, Forced Air, Wall Unit(s)
CountyWhatcom
DirectionsI-5 exit 252 Samish Way north to Consolidation Ave, turn left, property is on your right.
Electric Expense
Energy EfficientThermal Windows
Fuel Expense
HOANo
HOA Fee$
HeatingDuctless, Forced Air, Wall Unit(s)
High School DistrictBellingham
Insurance Expense3927
Leasable Area7400
Listing TermsCash Out, Conventional
Lot Size Square Feet12540
Lot Size UnitsSquare Feet
MLS Area860 – Bellingham
ModificationTimestamp2025-08-19T22:28:12.074Z
NWM_ShowMapLinkY
Net Operating Income158384
New ConstructionNo
Number Of Units Total4
Open Parking Spaces12
PossessionClosing
Property ConditionVery Good
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksGSI $183, 000 ($15, 270/mo) – WWU Multi-Family. Cap 5.75% – Tenant(s) pay all utilities. No Vacancies – Owner Built – As New – No Deferred Maintenance – Impeccable. Fully pre-leased thru summer 2026 wi
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameBellingham
Tax Annual Amount12097
Tax Year2025
Units Below Gradefalse
Water Sewer Garbage0
Year Built2014
Exterior for 3405 3407 Consolidation Avenue
Building Area Total
Covered Spaces
Exterior AmenitiesCement Planked, Stone, Wood Products
Foundation DetailsPoured Concrete, Slab
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.2879
Parking Uncovered Spaces12
Site FeaturesCable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio
Total Parking12
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®