1610 Lincoln StBellingham, WA 98229

This centrally located Bellingham, WA, 4-plex presents a compelling investment opportunity with a strong 5.70% cap rate and a substantial net operating income (NOI) of $68,407. Built in 1985, this two-story building encompasses 3,096 square feet and sits on a 6,534 square foot lot at 1610 Lincoln St, Bellingham, WA 98229. The property comprises three 2-bedroom units and one 3-bedroom unit, the latter boasting a primary suite with a walk-in closet and ensuite bathroom. Conveniently located near Interstate 5, this property enjoys proximity to shopping, parks, public transportation, and Western Washington University. Outdoor enthusiasts will appreciate its easy access to Lake Whatcom, Lake Padden, and the Galbraith Mountain trail system. Ample off-street parking is available, including a carport and alley access with additional parking spaces. This exceptional location in a thriving community makes this 4-plex an attractive investment for both seasoned investors and those seeking a stable, high-return property. The asking price is $1,195,000.