You didn't imagine your investment property looking like this, huh? A South Hill duplex feat sunset views of the bay, city, + islands that's centered btw downtown, Fairhaven, + WWU creates an attractive location for renters + owner-occupants alike. Upper unit has 2 beds, 1.75 baths, vaulted ceilings, + a kitchen/living/dining area that opens onto expansive west-facing deck. Lower unit has 2 beds, 3/4 bath, + patio, w/ both levels offering in-unit laundry. 4 total parking spots incl carport w/ 2 storage lockers. Bolstered by low expenses, the strong 5.3% cap rate can be improved even further by bringing lower unit rents up to market or, use lower rent to subsidize while living upstairs. A trinity of location, appeal, + financial opportunity!
|
LAST UPDATED
|
6/19/2025
|
TRACT
|
South Hill
|
|
YEAR BUILT
|
1972
|
COMMUNITY
|
South Hill
|
|
COUNTY
|
Whatcom
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
| Elementary School |
Lowell Elem |
| Jr. High School |
Fairhaven Mid |
| High School |
Sehome High |
| AIR |
None |
| AREA |
860 - Bellingham |
| CONSTRUCTION |
Wood Siding |
| HEAT |
Electric, Forced Air, Natural Gas |
| INTERIOR |
Ceramic Tile, Laminate |
| LOT |
6534 sq ft |
| LOT DESCRIPTION |
Alley, Curbs, Paved, Sidewalk |
| LOT DIMENSIONS |
55'x125' |
| MLS STATUS |
Active |
| STORIES |
2 |
| STYLE |
52 - Duplex |
| SUBDIVISION |
South Hill |
| TAXES |
7265 |
| UTILITIES |
Cable Available, Sewer Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Bay, City, Mountain(s), Ocean, Sound |
| WATER |
Public |
| ZONING |
Multi-Family |
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/25/25 1:13 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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