Fairhaven Multi-Family Properties for Sale

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Newest Fairhaven Multi-Family Homes for Sale

$899,000

2539221 MLS ⋅ ACTIVE Status

HAPPY VALLEY TRIPLEX with ADDITIONAL DEVELOPMENT POTENTIAL! Premium location and a massive 7500 square foot lot make this truly an exceptional opportunity. Nestled between Wilson Ave. and Cowgill Ave. with access off both parallel streets. From Wilson, you have two apartments each with a one-car attached garage. The units feature 2 bedrooms, 1 full bath, open kitchen / living room layout, spacious bedrooms, closets off the hall and in-bathroom, and a slider out to a deck to BBQ or lounge in the beautiful PNW weather. Each unit also has a full size washer/dryer in their extra deep 1-car attached garages. Both units have 1 year leases recently re-signed at $1750 and $1850/mo. On the backside of the property, accessed from Cowgill Ave, you have an oversized 1008 sq. ft. studio apartment with a full kitchen, full size washer/dryer, massive living room and extra-large sleeping / storage / lounge space. The extra large parking area / yard accessed off Cowgill Ave. has the potential to hold additional units (Buyer to verify with COB), giving this property considerable upside opportunity in the years ahead. In the attendance areas of Lowell Elementary, Fairhaven Middle School and Sehome High School. Blocks to Fairhaven Village and its countless shops, restaurants, parks and entertainment. Continue collecting rents, or plan to house-hack while South Side real estate prices continue their steady climb.

1810 Wilson Avenue, Bellingham

Listing courtesy of COMPASS.

$900,000

2510420 MLS ⋅ ACTIVE Status

This property offers excellent versatility with multiple possibilities: redevelopment potential, live-in investment, or rental income (short-term rentals are permitted) in sought-after Fairhaven. Short walking distance to all of Fairhaven's attractions and easy I-5 access via Old Fairhaven Parkway. The 644-square-foot home sits on a generous 5,662-square-foot lot in the Residential Transition-4 zone of Fairhaven Urban Village. Previously approved plans available from 2017 for a mixed-use commercial/residential building (Buyer to verify all uses).

1302 Larrabee Avenue, Bellingham

Listing courtesy of Gage CRE.

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.