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Listed by:Windermere RE Whatcom, Inc. • Jim Huleatt

Kena Greer Brashear

kena@muljatgroup.com +1(360) 920-3210

Listed by:Windermere RE Whatcom, Inc. • Jim Huleatt

$ 850,000

Est. payment | -/mo

10 Beds

5 Baths

4,380 SqFt

Save

$ 850,000

Est. payment | -/mo

Save

10 Beds

5 Baths

4,380 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,380 sqft

Price per Sqft $194

Subdivision Lynden

MLS Listing ID 2601567

Style 55 - 5-9 Units

Bedrooms 10

Year Built 1974

Annual Tax Amount $5,878

Lot Size 0.380 Acres

Property Sub-Type Multi Family

Property Description

Excellent Investment Opportunity in a Prime Lynden Location! Well-maintained 5-unit multifamily property ideally situated on the desirable West side of Lynden, tucked away on a quiet street close to shopping, restaurants, and other amenities. Each unit features 2 bedrooms, 1 bathroom, and comfortable living and dining areas. Two units offer private patios, while the remaining three feature small decks overlooking a beautiful shared yard with peaceful pastoral and mountain views. Every unit also includes its own attached storage area. The detached, coin operated laundry room allows for additional income. All five units are currently leased, providing consistent rental income and a solid rental history. With rents currently below market value, this property offers an excellent opportunity for investors to increase cash flow through future rental adjustments while benefiting from an established income-producing asset in a sought-after Lynden location!

Location

State WA

County Whatcom

Area 885 - Lynden

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Brick, Stucco, Wood Products

Amenities Available Cable TV, Fenced-Partially, Patio

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Community

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Lynden Mid

High Schools Lynden High

School District Lynden

Others

Senior Community No

Acceptable Financing Cash, Farm Home Loan, Owner Will Carry

Listing Terms Cash, Farm Home Loan, Owner Will Carry

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

+1(360) 920-3210

kena@muljatgroup.com

510 Lakeway Dr, Bellingham, WA 98225, USA

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303 S British Columbia AVE Lynden, WA 98264