MLS #2540060 / Listing provided by NWMLS & Hansen Group Real Estate Inc.
$1,200,000
631 N forest Street
Bellingham,
WA
98225
Sq Ft
Per Sq Ft
Year Built
Rare Sehome Hill investment and development opportunity! Situated on a 12,056 sq. ft. lot with stunning bay and city views, this property features an existing triplex plus a detached carriage house just two blocks from WWU. Remodeled carriage house in 2025 which offers 2 bedrooms, 2 bathrooms, private laundry, and dedicated parking below. Triplex features three units full of timeless character, including original fir floors and shared laundry, with a strong rental history and consistent demand due to its prime location. Five total designated parking spaces provide added convenience for tenants. True value lies in the land. Zoned High Density with no maximum unit count, this property offers incredible infill development potential. Retain the existing income-producing structures while adding additional units or explore redevelopment options to maximize the site's density and breathtaking views. Located near Forest & Cedar Park, downtown Bellingham, and Western Washington University, opportunities like this are increasingly rare. Buyer to verify all development potential and zoning requirements. Don't miss your chance to own a premier investment property in one of Bellingham's most sought-after neighborhoods.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Garage Spaces: 0
- Parking Total: 9
- Total Uncovered Parking Spaces: 9
Structure
- Roof: Shake
- Exterior Features: Wood
- Foundation: Poured Concrete
Lot Details
- Lot Features: Curbs, Paved, Sidewalk, Value In Land
- Acres: 0.2767
- Foundation: Poured Concrete
Schools
- High School District: Bellingham
Lot Details
- Lot Features: Curbs, Paved, Sidewalk, Value In Land
- Acres: 0.2767
- Foundation: Poured Concrete
Power
- Energy Source: Electric
- Power Company: PSE
Water, Sewer, and Garbage
- Sewer Company: City of Bellingham
- Sewer: Sewer Connected
- Water Company: City of Bellingham
- Water Source: Public
- Water, Sewer, and Garbage: 5085
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