1205 Euclid Ave | Bellingham, WA 98229
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1205 Euclid Ave
Bellingham, WA 98229
1205 Euclid Ave · Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Lot Size | 1.47 AC |
| Property Type | Multifamily | Building Size | 4,703 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1974/2018 |
| Building Class | C | ||
| Zoning | UR3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.47 AC |
| Building Size | 4,703 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2018 |
| Zoning | UR3 |
ABOUT 1205 EUCLID AVE , BELLINGHAM, WA 98229
The Euclid Avenue Apartments is a fully renovated 4-unit building on 1.47 acre in the Geneva neighborhood. With 3, 3-bedroom units, and 1, 2-bedroom unit, this property has high-end finishes, granite counter tops, stainless steel appliances, washer / dryers in each unit plus an accessory building. This 100% occupied property has a NOI of $71,189 and is offered at a 5.2% Cap Rate. Connected to city water and sewer, this turn-key property is ideal for an investor looking for consistent cash flow.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 3 | $1,945 | 1,045 - 1,482 |
| 2+1 | 1 | $1,695 | 820 |
PROPERTY TAXES
| Parcel Number | 380334-246441-0000 | Improvements Assessment | $1,076,023 |
| Land Assessment | $688,275 | Total Assessment | $1,764,298 |
PROPERTY TAXES
Parcel Number
380334-246441-0000
Land Assessment
$688,275
Improvements Assessment
$1,076,023
Total Assessment
$1,764,298
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