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$995,000
2540094 MLS ⋅ ACTIVE Status
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.

2701 Northwest Avenue, Bellingham

Listing courtesy of RE/MAX Whatcom County, Inc..

$1,000,000
2528138 MLS ⋅ ACTIVE Status
Charming 1928 Tudor in the highly desirable Columbia neighborhood. This character-filled property is currently operated as a 3-unit investment, offering flexible living options and strong rental potential. Thoughtful layouts in each unit maximize space while preserving the home’s classic Tudor lines, vintage details, and timeless curb appeal.With 5 bedrooms and 3 full baths, the property blends historic charm with functional living that appeals to both long-term tenants and owner-occupants. Ideal opportunity to live in one unit and rent the other two for income or reduced housing costs.Located in one of Bellingham’s most sought-after neighborhoods, residents enjoy close proximity to downtown, parks, schools, shopping, dining, and everyday amenities. Consistently high rental demand and a prime location make this a standout investment with long-term upside.A rare chance to own a piece of Columbia history while generating reliable income.

2909 Walnut Street, Bellingham

Listing courtesy of Windermere RE Whatcom, Inc..

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