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    1011 21st Street

    Bellingham, WA 98225
    • $7,150,000
    • STATUS: Pending
    • ON SITE: 51 days
    • ID#: 1783755
    Under Contract
    UPDATED: 112 min ago
    $7,150,000
    • 0
      BEDS
    • 0.58
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1992
    County:
    Area:

    School Ratings & Info

    School District:
    Listing Courtesy of The Foundation Group Llc.

    Description

    The Ten-Nineteen and Ten-Eleven Apartments are located 3 blocks from WWU in Bellinghams Happy Valley neighborhood. The two apartment buildings are situated on a single 25,265 SqFt tax parcel. The Ten Eleven building was constructed in 1992 and has eight 4bed/2bath units & two 3bed/2bath. This building has received significant improvements. The Ten Nineteen building was completed in 2003 and consists of nine 3bed/3bath units. Each of these nine units have washer dryers, natural gas fireplaces, decks, and a dedicated storage locker in the basement parking area. Together the property boasts 65 bedrooms across 19 large units. The property is fully leased up for the 2021-22 school year.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Royston Team at Keller Williams Greater 360 are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-29T00:14:17.93.

    www.roystonteam.com/homes/117998741
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    1011 21st Street Bellingham, WA 98225

    • Price: $7,150,000
    • Status: Pending
    • Updated: 112 min ago
    • ID#: 1783755
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.58
    Acres
    1992
    Built
    Neighborhood:
    Happy Valley
    County:
    Whatcom
    Area:
    Bellingham
    School District:
    Bellingham
    Property Description
    The Ten-Nineteen and Ten-Eleven Apartments are located 3 blocks from WWU in Bellinghams Happy Valley neighborhood. The two apartment buildings are situated on a single 25,265 SqFt tax parcel. The Ten Eleven building was constructed in 1992 and has eight 4bed/2bath units & two 3bed/2bath. This building has received significant improvements. The Ten Nineteen building was completed in 2003 and consists of nine 3bed/3bath units. Each of these nine units have washer dryers, natural gas fireplaces, decks, and a dedicated storage locker in the basement parking area. Together the property boasts 65 bedrooms across 19 large units. The property is fully leased up for the 2021-22 school year.
    Exterior Features

    Carport Spaces 7 Carport YN No Covered Spaces 14 Exterior Features Wood Products Lot Features AlleyPavedSidewalk Open Parking Spaces 17 Open Parking YN Yes Parking Total 38 Parking Uncovered Spaces 17 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Flooring LaminateCarpet Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 473280 Insurance Expense 9264 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalFhaVa Loan Net Operating Income 353093 New Construction YN No Possible Use Multi-Family Power Production Type ElectricNatural Gas Property Condition Good Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvDeckGas AvailableHigh Speed InternetPatioSprinkler System Special Listing Conditions None Tax Annual Amount 36718 Tax Year 2021 Total Expenses 110721 Units In Building Total 19 Utilities Cable ConnectedHigh Speed InternetNatural Gas AvailableSewer ConnectedElectricity AvailableNatural Gas Connected Water Sewer Garbage 22278 Zoning Class Multi-Family Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Royston Team at Keller Williams Greater 360 and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Royston Team at Keller Williams Greater 360 are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-07-29T00:14:17.93.

     
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    The Royston Team at Keller Williams Greater 360
    Poulsbo WA, 98370
    Listing Courtesy of The Foundation Group Llc.