Bellingham South Hill Triplex

Charming 1930 Salish Sea-view triplex at the apex of South Hill, WWU, and DT Bellingham. Rare vintage building has been updated from stem to stern, impeccably maintained, and enjoys a near zero vacancy rental history. Unit A has 4 beds, 1 bath, covered porch, large living & dining & bay views. Unit B has 4 beds, 1.5 baths, living, dining, and views. Unit C is a roomy 1 bed, 1 bath that attracts long-term renters. 4.68% cap rate is based rents that have not been raised for over 3 years so a modest increase will yield a 5.16% cap. New roof, washer/dryer in shared laundry, fresh paint between rentals, easy-care landscaping. Renters love the 7 parking spots off the alley and access to campus, downtown & Fairhaven. 

Courtesy seller pre-inspection.