820 32nd Street Bellingham, WA 98225
Listing Courtesy of: MLS LogoNorthwest MLS / Windermere Real Estate/Whatcom, Inc. / Kevin Geraghty

  820 32nd Street Bellingham, WA 98225

Active (72 Days)
$19,000,888
51,316
SQFT
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Description

This meticulously maintained 5 building, 57-unit apartment/townhouse complex has an outstanding 21+ year rental history. Unique expansion opportunity! Land is zoned for 27 additional units. New roofs, siding, and exterior paint in last 3 years; new double pane windows. All units beautifully remodeled (countertops, cabinet faces, flooring, fixtures) with upgraded appliances (full size washer/dryer in each unit). Conveniently located in a high demand area 1 mile from WWU; Minutes to Fairhaven ,Joe’s Garden & I-5. All units have 2 bedrooms (53-850 sq ft units; 4-1059 sq ft units; 4-ADA features; with 1-3/4 BA(32 apartments), 1-1/2 BA(21 townhouses),1 large BA(4 apartments). Excellent income producing property, CAP rate 4.2% (pro forma).

MLS #:
2333623
Taxes
$52,463(2024)
Lot Size
1.93 acres
Type
Multifamily
Building Name
Sehome Court
Year Built
1988
Style
10+ Units
Views
City, Territorial
School District
Bellingham
County
Whatcom County
Community
Sehome

Listed By

Kevin Geraghty, Windermere Real Estate/Whatcom, Inc.
Source
Northwest MLS as distributed by MLS Grid
Last checked May 9 2025 at 12:47 PM GMT-0700
Bathroom Details
Interior Features
  • Wall to Wall Carpet
Subdivision
  • Sehome
Lot Information
  • Curbs
  • Paved
  • Sidewalk
Property Features
  • Cable Tv
  • Deck
  • Fenced-Partially
  • High Speed Internet
  • Patio
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
Flooring
  • Vinyl
  • Carpet
Exterior Features
  • Cement Planked
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
  • Energy: Green Efficiency: Thermal Windows
School Information
  • Elementary School: Happy Vly Elem
  • Middle School: Fairhaven Mid
  • High School: Sehome High
Additional Listing Info
  • Buyer Brokerage Compensation: 1.25
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
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Disclaimer: Based on information submitted to the MLS GRID as of 5/9/25 05:47. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.  The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.