3702 ABBOTT ST
BELLINGHAM, WA 98225

$995,000

4 Beds

1 Baths

1,404 Sq Ft

Status Active

MLS# 2228315

This location is a huge opportunity! Right in the heart of the Samish Way Opportunity Zone District you may be eligible for an 8-10 year tax abatement on the improvements. Great property for a 1031 Exchange. The property is currently rented, you could live in or rent out the existing house and potentially build a 4+ plex on the property, townhouses with ADU's or take the house off and build a 21 unit apartment complex (see attached). Possible Owner Financing. Buyer to verify all information. For more info regarding the Opportunity Zone & Urban Village Plan visit the City of Bellingham planning website.

Details for 3702 ABBOTT ST

Built in 1945

$709 / Sq Ft

None

Baseboard, Wall Unit(s)

27 Days on website

0.42 acres lot

Interior

Appliances

See Remarks, Stove(s)/Range(s)

Bathrooms Full

Bathrooms Total

Bedrooms Total

Flooring

Vinyl, Carpet

Interior Features

Wall To Wall Carpet, Water Heater

Living Area

1,404 SqFt.

Building And Construction

Building Name

Plat Of Perkins Subdivision

Property Sub Type

Condo/Townhouse

Property Type

Residential

Year Built

1945

Exterior And Lot

Exterior Features

Wood

Lot Size Acres

0.42

Lot Size Square Feet

18295

Lot Size Units

Square Feet

Parking Features

Rv Parking, Driveway, Off Street

Parking Total

Utilities

Cooling

None

Heating

Baseboard, Wall Unit(s)

Area And Schools

City

Bellingham

County Or Parish

Whatcom

School District

Bellingham

Subdivision Name

Samish

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$2,300.00

Tax Year

2024