5562 Guide Meridian, Bellingham, WA 98226

$1,490,000
5
BD
2
BA

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

List Price
$1,490,000
Status
ACTIVE
MLS#
1742660
Days on Market
195
Bedrooms
5
Area Total SqFt
9952
Lot Size (sq ft)
83,635

Property Description

Turn key income generating property near a high-traffic road with 20,000+ cars driving daily. This 2 acre Property offers a 5bed 2bath Single Family Home with a garage, 3 large shops separately metered with a total of 8 big deep bays (2 are 45'x70' built in 2004 and 1 built in 2017), a studio with full kitchen & bathroom above one of the shops, and 7 connex style storage containers. All units currently rented with long term tenants who are now on a month-to-month providing rental income expandability! Additional storage containers used by owner can be rented out separately. The shops include office areas, lunch rooms, and restrooms. There is ample parking, storage and space here offering Excellent opportunity! over 6% CAP with $100k/yr net!

Additional Information

Community
Bellingham
Style
18 - 2 Stories w/Bsmnt
Basement
Partially Finished
Year Built
1931
Parking Type
Garage-Detached
View
Territorial
Roof
Composition
Site Features
Cable TV, Gas Available, High Speed Internet, Outbuildings, Propane, RV Parking, Shop
Tax Year
2020
School District
Bellingham
Potential Terms
Cash Out, Conventional
Flooring
Hardwood, Vinyl
Driving Directions
I-5 North to Guide Meridian. Exit 256A. North on Guide Meridian to 5562, property on the right past Smith Rd.
Appliance
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Appliances Included
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
Heating/Cooling Type
Baseboard
Energy Source
Electric, Propane
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