2603 Elm Street (Status: Available) 0

2603, Elm St, Bellingham, WA  98225

Introducing an exceptional investment opportunity in Bellingham, Washington – PURNELL at 2603 Elm St. This meticulously maintained property features nine apartments and one single-family home, offering a total of 10 units with significant potential for growth. Located in the desirable Columbia neighborhood, the property boasts a charming setting within walking distance to downtown Bellingham and amenities. With historically high occupancy rates and majority of units already renovated, PURNELL presents a turnkey investment opportunity with near-market rents. The strategic corner lot spanning 8,712 square feet holds the potential for future expansion or development. Projections indicate a substantial rent increase in the coming years, making this an attractive long-term investment. Don’t mis

Listing Details

Asset Class: Multi-Family
Year Built: 1925
Building Total Square Feet: 6774
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information: RS5

Listing Courtesy of: Berkadia Real Estate Advisors

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.