Property Details

1252 Nevada St

Bellingham, WA 98229

$3,150,000

Available

CBA# 713967 courtesy of CBA Listing firm: Windermere – Whatcom Co.

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Commercial

Property Type

12,768

Bldg Sq Ft

Units

5.00%

Cap Rate

1979

Year Built

Property Overview

elementary school, city park and pool complex. Central location.Unit mix:12 one- bedroom units and 5 -two bedroom units all under market rent with stable vacancy history.Excellent parking.Recent maintenance:New roof 2026new gutters 2026new washer dry units in common laundry roomThe third floor units are accessed off a ground level parking lot with 9 uncovered spaces on the east side of the property.20 uncovered spaces on ground floor access and 7 covered spaces.Operating Expenses: Using a 28% total expense estimate.