2701 Northwest Ave

Bellingham, WA 98225
  • $995,000

    Price
  • 3

    Bed
  • 3

    Bath
  • 1,922

    SqFt

About the Listing 9947 - 94583

Two-story mixed-use triplex on sunny corner lot in sought-after Fountain District oozes with charm and performs at a 6% cap rate! Zoned Urban Village Commercial Transition which allows many redevelopment options - but this is no tear down. Originally built in 1925, all units have been fully updated and maintained by current owners. Commercial suite, remodeled in 2018, has welcoming front reception with 4 separate treatment rooms and a 5th room with sink which could be used for treatments or a break room. Upper level 2-bedroom apartment remodeled in 2025 with new carpet, paint and fixtures. Downstairs apartment remodeled in 2015 with new flooring installed in 2020. Property delivers a 6% cap rate with 2,376 sqft on the interior and a large graveled lot with 12 parking spots. Back patio / grotto is a perfect little secret which owners and staff use as an outdoor break room. Parcel is bigger than it looks as arborvitae hide additional lot square footage. Located within walking distance of popular shops and restaurants. Excellent traffic counts with high visibility retail presence. Owners will carry a partial loan with at least $500K down.

Listing Highlights

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® 2540094
Year Built 1925
Total Square Footage 1,922
Lot/Acreage 0.21
County Whatcom
Neighborhood Bellingham
School District Bellingham
Elementary School Columbia Elementary
Middle School Shuksan Middle
High School Bellingham High

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces: 0
  • Floor: Laminate,See Remarks,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City of Bellingham

Exterior Details

  • Lot Description: Corner Lot,Cable TV,High Speed Internet,Patio,Zoning: Commercial
  • Garage Capacity: N/A
  • Parking Spaces: 12
  • Zoning: Commercial
  • Roof: Flat
  • Others: Cement/Concrete,Good
  • Sewer: City of Bellingham

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 3802244781850000
  • Tax Year: 2026

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

2701 Northwest Ave Bellingham, WA 98225

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Originating MLS: nwmls

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