$1,190,000
For Sale

2312 Orleans Street

Bellingham, WA 98229
3456 sqft | 0.23 acres | #2290647
Listing OfficeKeller Williams Western Realty
Browse 19 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

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.

  • Property Details
      • Exterior FeaturesCable TV, Deck, High Speed Internet
      • InteriorLaminate, Wall to Wall Carpet
      • Exterior MaterialsWood, Wood Products
      • Date ListedSeptember 13, 2024
      • Lot DescriptionPaved, Sidewalk
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • ViewTerritorial
      • Style54 - 4-Plex
      • SubdivisionBellingham
      • School DistrictBellingham
      • Original List Price$1,190,000
      • Structure TypeQuadruplex
      • Property ConditionVery Good
      • CountyWhatcom
      • MLS #2290647
      • Cost1190000
      • MLS #2290647
      • Utility SourcePublic
      • Taxes Annual$6,741
      • Acres0.23
      • Square Feet3456
      • Year Built1973
      • Days on Market (Cumulative)147
      • Stories2
Sheley Bressler
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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