Bought with Westlake Associates, Inc.
$3,700,000
$4,200,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
5 Baths
17,048 SqFt
SOLD DATE : 12/30/2024
Key Details
Sold Price $3,700,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 17,048 sqft
Price per Sqft $217
Subdivision Bellingham
MLS Listing ID 2295752
Sold Date 12/30/24
Style 56 - 10+ Units
Bedrooms 6
Year Built 1981
Annual Tax Amount $23,949
Lot Size 0.670 Acres
Property Sub-Type Multi-Family
Property Description
Commonly known as Civic Field Apartments, 1471 Moore St is a 20-unit apt complex that would be an easy addition to any investment portfolio! Professionally managed & with historically low vacancies; 1/3 of the tenants have maintained occupancy here for the last 5+ yrs. Consistent rental demand can be attributed to the proximity of Western Washington University, and its convenient location just a short jog off Lakeway Dr, and 1/2-mile from I-5 access. Tenants also enjoy the complex's plentiful on-site parking & walking distance to shopping, entertainment, & bus stops. Supplemental income is provided by the on-site laundry & storage units. With a major landscaping update recently completed, this great income producing property is ready to go!
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Bellingham
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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