Welcome to Whatcom | John L. Scott Bellingham
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$3,195,000

Active

Listing provided by Dan Swanson, Kidder Mathews

0

DOM

Ask Austin

About this property.

Excellent corner-lot Capitol Hill location within blocks of the Harvard-Belmont Landmark District, and walking distance to Downtown, South Lake Union, Volunteer Park, Cal Anderson Park, and the trendy retail corridors of Broadway, Pike/Pine, and 15th Ave E. Turnkey opportunity with stable occupancy and a 5.4% cap rate and 11.5 GRM. Walker’s Paradise Walk Score of 90 - incredible walking access to an abundance of restaurants, shops, grocery stores, parks, Link light rail station, and multiple bus routes. Upside potential - likely opportunity to raise rents to market levels and increase charges for parking and utility bill-backs to achieve a 5.8% cap rate and 10.8 GRM. Parking spaces for 6 vehicles. Excellent unit mix featuring five 2-bed/1-bath units, five 1-bed/1-bath units, and one studio unit - average square footage of 684. Substantial building upgrades including major plumbing and electrical updates to most units, bathroom improvements to more than half of the units, dishwashers and updated kitchens in the two-bed units, and in-unit laundry in 9 of the 11 units. Desirable features including updated windows, secured entry, spacious floor plans with dining areas and large closets, scenic views from select units, and a common laundry room with 10 storage lockers.

Property details.

Property TypeResidential Income
Sub TypeMulti Family
Stories3
Year Built1957
Lot Acres0.13
Garage0 car
List Price$3,195,000
MLS StatusActive

Features.

Exterior

Metal/Vinyl

Heating

Baseboard

Cooling

None

View

CityLakePartial

Site Features

Fenced-Partially,Gated Entry

Agent information.

List AgentDan Swanson
List OfficeKidder Mathews
Austin Hudspeth

Austin Hudspeth

Licensed Broker · John L. Scott Real Estate

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Listed by: Dan Swanson, Kidder Mathews

Courtesy of Kidder Mathews

Source: NWMLS, MLS#: 2524172NWMLS

NWMLS

Listing data deemed reliable but not guaranteed. Based on information submitted to the MLS GRID as of 05/14/2026, 16:45:50 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. Provided by NWMLS as distributed by MLS Grid.

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