1007 22nd Street, Bellingham, WA 98225

$599,900
1,456
SqFt

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Listing courtesy of COMPASS.

List Price
$599,900
Status
ACTIVE
MLS#
2545314
Days on Market
115
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
1,456
Area Total SqFt
1456
Annual Tax Ammount
5299.78
Internet Provider
Xfinity
Lot Size (sq ft)
4,792
Sewer
Sewer Connected

Property Description

Beautifully remodeled this duplex is a rare gem located between Campus and Fairhaven—an unbeatable spot just a short walk from Western Washington University's lively community. Whether you're looking for an investment opportunity or a dual-living solution, this property offers flexibility, style, and convenience all in one. Recent updates ensure peace of mind and a fresh aesthetic, with a brand-new roof, gutters, and a crisp exterior paint job. The upper unit features an updated kitchen, three bright bedrooms, and a full bath. Step outside onto the expansive deck—perfect for summer BBQs or simply enjoying the fresh air. The lower unit, with its own private entrance, has been completely updated, boasting a modern one-bedroom suite with a refreshed kitchen and ¾ bath. Every detail has been thoughtfully designed to provide comfort and style, making it ideal for guests or rental income. Both units come fully equipped with all appliances, and a shared washer and dryer add an extra layer of convenience for tenants. Nestled in a highly sought-after location, this duplex offers a perfect blend of modern comfort and proximity to everything that makes the area so desirable. Don’t miss the chance to own this move-in-ready property that’s as versatile as it is inviting!

Additional Information

List Date
2026-04-03 20:13:13
Community
Happy Valley
Net Operating Income
$34,923
Gross Adjusted Income
$44,100
Gross Scheduled Income
$44,100
Total Monthly Income
$2,450
Insurance Expenses
$1,160
Water/Sewer/Garbage Expenses
$2,717
Gross Rent Multiplier
15
Total Expenses
$9,177
Cap Rate
5
Total Number of Units
2
Unit Name
1007
Potential Terms
Cash, Conventional
Year Built
1897
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet
Energy Source
Electric
School District
Bellingham
Elementary School
Happy Vly Elem
Middle School
Fairhaven Mid
High School
Sehome High
Total Monthly Income
$2,450
Gross Scheduled Income
$44,100
Gross Adjusted Income
$44,100
Tax Year
2025
Insurance Expense
$1,160
W/S/G Expenses
$2,717
Total Expenses
$9,177
Net Operating Income
$34,923
Gross Rent Multiplier
15
Cap Rate
5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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