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For Sale92 Days
$2,350,000

2625 Maplewood Avenue
Bellingham, WA 98225

Commercial For Sale
0.73 Acre Lot
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    Real Estate 2000 Inc.

    Provided by Northwest Multiple Listing Service, 2025.

    Description for 2625 Maplewood Avenue, Bellingham, WA 98225

    For Sale> Whatcom> Bellingham> 98225

    Don’t Miss Out On This Incredible Investment In The Rapidly Growing City Of Bellingham, WA! This 11-Unit Mobile Home Park Boasts A Gross Income Of $143,700 And A Net Income Of $111,960, With All Units Currently Rented Below Market Value. The Property Features 9 Mobile Spaces (5 Park-Owned) And A Rambler Duplex, All Connected To City Water And Sewer. Zoned For Multifamily Development, The Proforma Gross Rents Are Projected At An Impressive $178,800 Annually. With A Proforma Cap Rate Of 6.26% And A Net Income Of $147,060 After Increasing Rents And Billing Water, Sewer, And Garbage Costs Back To Tenants, This Is A Fantastic Opportunity You Won’t Want To Miss!

    Property Details

    Listing Details
    For Sale
    Commercial
    Commercial Industrial
    None
    For Sale
    NWM2277382
    $2,350,000
    11/26/2024
    1975
    Single Family
    NWM90077
    Location Information
    US
    WA
    Whatcom
    Bellingham
    98225
    Maplewood
    2625
    Avenue
    Birchwood
    W123° 30' 1.5''
    N48° 46' 31.5''
    2625 W Maplewood Avenue , Bellingham, WA 98225
    860 - Bellingham
    W
    Yes
    Garage/Parking
    No
    No
    Exterior Features
    No
    No
    WaterFront and WaterAccess
    No
    Land Info
    0.73 Acre
    Nw
    3802132080100000
    Monthly
    Utilities
    Sewer Connected
    HOA Info
    Monthly
    No
    Rental Info
    Monthly
    Listing Information
    Real Estate 2000 Inc.
    David M. Hilbert
    104
    NWM7314
    Nwmls
    $2,350,000
    11/25/2024 23:42:09
    Manufactured House
    Public

    Price History

    Source: MLS
    DateEventPriceSource
    2024-11-26For Sale$2,350,000MLS
    Get Price Alert

    Walk Score

    Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

    Walk Score

    4

    Bike Score

    7

    Transit Score

    3

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