3702 Abbott Street, Bellingham, WA 98225

$995,000 Asking Price

4 beds
1 bath
1,404  sqft
Built in 1945

This listing courtesy of:
Muljat Group, Barb Davison

This location is a huge opportunity! Right in the heart of the Samish Way Opportunity Zone District you may be eligible for an 8-10 year tax abatement on the improvements. Great property for a 1031 Exchange. The property is currently rented, you could live in or rent out the existing house and potentially build a 4+ plex on the property, townhouses with ADU's or take the house off and build a 21 unit apartment complex (see attached). Possible Owner Financing. Buyer to verify all information. For more info regarding the Opportunity Zone & Urban Village Plan visit the City of Bellingham planning website.


Features & Amenities

Interior

General:
Wall to Wall Carpet, Water Heater
Appliances:
See Remarks, Stove(s)/Range(s)
Basement:
Partially Finished
Flooring:
Vinyl, Carpet
A/C:
false, None
Heating:
true, Baseboard, Wall Unit(s)

Exterior

General:
Wood
Parking:
RV Parking, Driveway, Off Street, Parking spaces: 0

Construction

Roofing:
Composition
General:
One, Poured Concrete

Location

HOA Amenities:
0.0
Originating MLS:
nwmls
School District:
Bellingham
County:
Whatcom

Lot

Topography:
Level
Zoning:
3803314762190000
View:
Territorial, View

Utilities

Water:
Public
Sewer:
Sewer Connected

Financial

Source:
nwmls
Buyers Agent Compensation:
2.5

This listing courtesy of:
Muljat Group, Barb Davison

About Bellingham, WA

Housing

Number of Units
58,012
Median Home Value
$417,131
Median Rent
$1,092

45.60% of housing units are renter occupied.

4.94% are vacant.

Commute

Car
63.00%
Public Transportation
2.84%
Walk to Work
3.69%
Work from Home
27.21%
Other
0.39%

The median travel time to work is 15 minutes.

People

Population
127,857
Median Age
37.50
Median Household Size
2.56

Education

High School
18.56%
Associate’s Degree
10.66%
Bachelor’s Degree
25.44%
Graduate Degree
16.94%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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