3702 Abbott Street, Bellingham, WA 98225

$995,000

Listing courtesy of Muljat Group.

List Price
$995,000
Status
ACTIVE
MLS#
2229564
Days on Market
11
Lot Size (sq ft)
18,295

Property Description

This location is a huge opportunity! Right in the heart of the Samish Way Opportunity Zone District you may be eligible for an 8-10 year tax abatement on the improvements. Great property for a 1031 Exchange. The property is currently rented, you could live in or rent out the existing house and potentially build a 4+ plex on the property, townhouses with ADU's or take the house off and build a 21 unit apartment complex (see attached). Possible Owner Financing. Buyer to verify all information. For more info regarding the Opportunity Zone & Urban Village Plan visit the City of Bellingham planning website.

Additional Information

Community
Samish
Style
43 - Comm/Industrial
Zoning Jurisdiction
City
Features
Partially Cleared
View
Territorial
Sewer
On Property
Tax Year
2024
School District
Bellingham
Potential Terms
Cash Out, Conventional
Driving Directions
Samish Way to E on Abbott Street
Buyer Agency Compensation
2.5
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

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