$950,000

7 Beds 5 Baths 3,455 SQFT 0.15 Acres

Type: Multi-Family

1406 Franklin Street
Bellingham, WA 98225

MLS#: 2577751

Presented by: Hammer Properties NW Inc. and NWMLS

Property Description

Turnkey investment with a proven rental history and strong demand in Bellingham's historic York Neighborhood. This Fully occupied duplex lives more like two homes than two attached units. Each side offers a bedroom with a private full bath, generous living space, in-unit laundry, and ample off-street parking. Well maintained and ideally located near 1-5, WWU, downtown Bellingham, transit, and Nelson's Market. Enjoy an easy walk or bike to local restaurants, breweries, and neighborhood favorites. This unique opportunity is perfect for any investment portfolio or a future owner occupant looking for all the charm of the York Neighborhood while offsetting home ownership costs with consistent rental income.

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo

Fireplace Y/NNo

FlooringVinyl, Carpet

Heating Y/NYes

Power Production TypeElectric, Natural Gas

Total Fireplaces0

Total Stories2

General

Building Area Units0 sqft

Cap Rate6.38

Carport Spaces0

Carport Y/NNo

CityBellingham

CoolingNone

CountyWhatcom

DirectionsLakeway to North on Franklin St. property on east side of Franklin

Electric Expense0

Fuel Expense0

Garage Spaces0

HOANo

HOA Fee$0

HeatingForced Air, Wall Furnace

High School DistrictBellingham

Insurance Expense2879

Leasable Area3,455 sqft

Listing TermsCash, Conventional

Living Area0 sqft

Lot Size Square Feet6,534 sqft

Lot Size UnitsSquare Feet

MLS Area860 - Bellingham

NWM_ShowMapLinkY

Net Operating Income60564

New ConstructionNo

Number Of Units Total2

PossessionClosing, See Remarks, Subject To Tenant Rights

Possible UseMulti-Family, Residential

Property ConditionGood

Property Style52 - Duplex

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksTurnkey investment with a proven rental history and strong demand in Bellingham's historic York Neighborhood. This Fully occupied duplex lives more like two homes than two attached units. Each side o

RoofComposition

Senior Community Y/NNo

SewerSewer Connected

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeDuplex

Subdivision NameYork

Tax Annual Amount$9,600

Tax Year2026

Units Below Gradefalse

Units In Building Total2

Water Sewer Garbage0

Year Built1900

Zoning DescriptionMulti-Family, Residential

Exterior

Building Area Total3,455 sqft

Covered Spaces0

Exterior AmenitiesCement Planked

Foundation DetailsBlock, Poured Concrete

Irrigation Water Rights Y/NNo

Lot FeaturesCurbs, Paved, Sidewalk

Lot Size Acres0.15

Parking Uncovered Total5

Site FeaturesCable TV, Deck, High Speed Internet, Patio

Total Parking5

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School N/A

High School N/A

Middle School N/A

Similar Properties

$950,000

7 Beds 5 Baths 3,455 SQFT 0.15 Acres

Type: Multi-Family

1406 Franklin Street
Bellingham, WA 98225

MLS#: 2577751

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Property

$950,000

1406 Franklin Street
Bellingham, WA 98225

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$950,000

1406 Franklin Street
Bellingham, WA 98225

Contact

About

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Property

$950,000

1406 Franklin StreetBellingham, WA 98225

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$950,000

1406 Franklin StreetBellingham, WA 98225

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1406 Franklin Street
Bellingham, WA 98225

1406 Franklin Street
Bellingham, WA 98225