Modern Condo in Premium Downtown Bellingham Location, Near the Univ.

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1031 N State St Apt 405

Bellingham, WA 98225

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$147,500
$616*
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Contact this seller Condominium 1 1 2006 Whatcom PPT3751

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Highlights and Description

  • 4 stories
  • Built in 2006
  • Views of ocean
  • City provided sewer/wastewater
  • Updated kitchen
  • In the Downtown Bellingham neighborhood

Attention investors! This well-maintained, high-quality 1 bedroom, 1 bath condominium is located in the heart of Bellingham, near Western Washington Univ.  Located on the top floor of a modern four-storey building, it provides scenic views of Bellingham Bay from its windows and balcony.  The condo has all major appliances (inc. W/D, dishwasher) that were updated three years ago, dedicated garage parking, and excellent security. It has been rented continuously since its purchase and is now leased. 

This condominium has a premium location within a short distance of the amenities of the Bellingham downtown, WWU, and the parks along the Bay. It faces the Bay, away from State Stree, so it is quiet and offers great views.  The condo is in a newer building (completed in 2006), and its walls and floors were renewed three years ago. It has a fresh, modern feel, with plenty of natural light, a large bathroom, and a spacious bedroom.

Because the condominium is now under lease, it cannot be occupied by anyone other than the present tenant until the end of the lease (about ten months). The condo has low taxes and dues, and, at the present rent, provides a good return on investment. Both the location and the attractiveness of the condo insure that it will remain easy to rent or lease in the future. This condo is sure to be a winner for any investor.

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 * Est. payment based on 20% down and a 30-year fixed rate mortgage of 4.75%

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