3435 Redwood Ave, Bellingham, WA 98225
Sold
16 units located directly across from the new Alderwood Elementary School scheduled for completion in August of 2021. Owner managed, zero vacancy, with 11 of the 16 units on month to month leases to long term tenants. Lots of upside by bringing this property to market rents thru professional management. Townhouse style units with 14 of the 16 units recently updated. City of Bellingham is reviewing annexing the property into the City. Strong 6% cap stabilized with projected rents.
Property Details
SOLD: $3,317,885.
Address: 3435 Redwood Ave
City: Bellingham
State: WA
Zip: 98225
MLS#: 1712637
Beds: n/a
Baths: n/a
Square Feet: n/a
Garage: n/a
Year Built: 1973
Status: Sold
Baths: n/a
Square Feet: n/a
Garage: n/a
Year Built: 1973
Status: Sold