3613 Consolidation Avenue

Bellingham, WA 98225

$21,000,000
Price
108
Beds
73
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Location! This property is inside the Samish Way Urban Village Plan. Built in 2021 Samish Flats luxury apartment homes offer all the modern amenities including w/d in units. Low vacancies can be attributed to the convenient location, near I-5 and Western Washington University. The 20 lower-level garage spaces offer additional income. In addition to the tenants paying all utilities, the property enjoys an 8-year tax abatement on the improvements. Owner will consider partial financing, rate negotiable,...Location! This property is inside the Samish Way Urban Village Plan. Built in 2021 Samish Flats luxury apartment homes offer all the modern amenities including w/d in units. Low vacancies can be attributed to the convenient location, near I-5 and Western Washington University. The 20 lower-level garage spaces offer additional income. In addition to the tenants paying all utilities, the property enjoys an 8-year tax abatement on the improvements. Owner will consider partial financing, rate negotiable, price to adjust accordingly.
  1. Listed by Barb Davison • Muljat Group

Property Details for 3613 Consolidation Avenue

Community Name
Sehome
School District
Bellingham
View
Mountain(s), Territorial
Number of Assigned Spaces
56
Total Covered Parking
20
Entry Date
07-20-2023
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Muljat Group
Add your commute
LISTING UPDATED: 04/15/2024 11:44 AM

Property Details for 3613 Consolidation Avenue

StatusActive
MLS #2140595
Days on Market282
Cumulative Days on Market281
Taxes$11,354 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2021
Lot Size0.63 AC / 27,550 SF
CountyWhatcom County

Location

Listing Courtesy of Muljat Group
Add your commute

Building Information for 3613 Consolidation Avenue

Stories6Residences37Year Built2021Building Size-Lot Size0.63 AC / 27,550 SF

Payment Calculator

$115,552 per month

30 year fixed, 7.25% Interest

Principal and Interest

$114,606

Property Taxes

$946

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3613 Consolidation Avenue

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Cable TV, Fenced-Partially, High Speed Internet
  • Area: 860 - Bellingham
  • Effective Year Built Source: Public Records
  • Directions: Exit 252, N on Samish Way, R on Consolidation, Property on Left
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 36.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Amenities: Elevator
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked
  • Roof: Metal
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 21250
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2021
  • Photos Count: 19
Lot Information
  • Lot Details: Curbs, Dead End Street, Paved, Sidewalk
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 3803314661450000
  • Building Condition: Very Good
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 36
  • Number of Stories in Building: 6
  • Vacancy Rate: 1
  • Number Of Units Total: 37
  • Units Below Grade: false
  • Units In Building Total: 37
Financing / Income and Expenses
  • Electric Expense: $3,840
  • Total Expenses: 155493
  • Gross Adjusted Income: 975065
  • Gross Rent Multiplier: 22.03
  • Gross Scheduled Income: $984,732
  • Insurance Expense: $18,000
  • Net Operating Income: $819,571
  • Other Expenses: $101,049
  • Total Monthly Income: 82061
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 101
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 672
  • Rent Unit 1: $1,300.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 102
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1143
  • Rent Unit 2: $1,675.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 201
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 920
  • Rent Unit 3: $2,175.00
  • Bedrooms Unit 3: 3
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 202
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1209
  • Rent Unit 4: $2,320.00
  • Bedrooms Unit 4: 3
  • Bathrooms Unit 4: 2
Unit 5
  • Name Unit 5: 203
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 952
  • Rent Unit 5: $2,120.00
  • Bedrooms Unit 5: 3
  • Bathrooms Unit 5: 2
Unit 6
  • Name Unit 6: 204
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 952
  • Rent Unit 6: $2,200.00
  • Bedrooms Unit 6: 3
  • Bathrooms Unit 6: 2
Unit 7
  • Name Unit 7: 205
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 952
  • Rent Unit 7: $2,200.00
  • Bedrooms Unit 7: 3
  • Bathrooms Unit 7: 2
Unit 8
  • Name Unit 8: 206
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 1115
  • Rent Unit 8: $2,220.00
  • Bedrooms Unit 8: 3
  • Bathrooms Unit 8: 2
Unit 9
  • Name Unit 9: 207
  • Washer/Dryer Unit 9: true
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 920
  • Rent Unit 9: $2,120.00
  • Bedrooms Unit 9: 3
  • Bathrooms Unit 9: 2
Unit 10
  • Name Unit 10: 301
  • Washer/Dryer Unit 10: true
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 920
  • Rent Unit 10: $2,120.00
  • Bedrooms Unit 10: 3
  • Bathrooms Unit 10: 2
Unit 11
  • Name Unit 11: 302
  • Washer/Dryer Unit 11: true
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 1245
  • Rent Unit 11: $2,320.00
  • Bedrooms Unit 11: 3
  • Bathrooms Unit 11: 2
Unit 12
  • Name Unit 12: 303
  • Washer/Dryer Unit 12: true
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 952
  • Rent Unit 12: $2,250.00
  • Bedrooms Unit 12: 3
  • Bathrooms Unit 12: 2
Unit 13
  • Name Unit 13: 304
  • Washer/Dryer Unit 13: true
  • Range/Oven Unit 13: true
  • Refrigerator Unit 13: true
  • Dishwasher Unit 13: true
  • Square Feet Unit 13: 952
  • Rent Unit 13: $2,250.00
  • Bedrooms Unit 13: 3
  • Bathrooms Unit 13: 2
Unit 14
  • Name Unit 14: 305
  • Washer/Dryer Unit 14: true
  • Range/Oven Unit 14: true
  • Refrigerator Unit 14: true
  • Dishwasher Unit 14: true
  • Square Feet Unit 14: 952
  • Rent Unit 14: $2,250.00
  • Bedrooms Unit 14: 3
  • Bathrooms Unit 14: 2
Unit 15
  • Name Unit 15: 306
  • Washer/Dryer Unit 15: true
  • Range/Oven Unit 15: true
  • Refrigerator Unit 15: true
  • Dishwasher Unit 15: true
  • Square Feet Unit 15: 1152
  • Rent Unit 15: $2,275.00
  • Bedrooms Unit 15: 3
  • Bathrooms Unit 15: 2
Unit 16
  • Name Unit 16: 307
  • Washer/Dryer Unit 16: true
  • Range/Oven Unit 16: true
  • Refrigerator Unit 16: true
  • Dishwasher Unit 16: true
  • Square Feet Unit 16: 920
  • Rent Unit 16: $2,200.00
  • Bedrooms Unit 16: 3
  • Bathrooms Unit 16: 2
Unit 17
  • Name Unit 17: 401
  • Washer/Dryer Unit 17: true
  • Range/Oven Unit 17: true
  • Refrigerator Unit 17: true
  • Dishwasher Unit 17: true
  • Square Feet Unit 17: 920
  • Rent Unit 17: $2,120.00
  • Bedrooms Unit 17: 3
  • Bathrooms Unit 17: 2
Unit 18
  • Name Unit 18: 402
  • Washer/Dryer Unit 18: true
  • Range/Oven Unit 18: true
  • Refrigerator Unit 18: true
  • Dishwasher Unit 18: true
  • Square Feet Unit 18: 1245
  • Rent Unit 18: $2,320.00
  • Bedrooms Unit 18: 3
  • Bathrooms Unit 18: 2
Unit 19
  • Name Unit 19: 403
  • Washer/Dryer Unit 19: true
  • Range/Oven Unit 19: true
  • Refrigerator Unit 19: true
  • Dishwasher Unit 19: true
  • Square Feet Unit 19: 952
  • Rent Unit 19: $2,120.00
  • Bedrooms Unit 19: 3
  • Bathrooms Unit 19: 2
Unit 20
  • Name Unit 20: 404
  • Washer/Dryer Unit 20: true
  • Range/Oven Unit 20: true
  • Refrigerator Unit 20: true
  • Dishwasher Unit 20: true
  • Square Feet Unit 20: 952
  • Rent Unit 20: $2,120.00
  • Bedrooms Unit 20: 3
  • Bathrooms Unit 20: 2
Unit 21
  • Name Unit 21: 405
  • Washer/Dryer Unit 21: true
  • Range/Oven Unit 21: true
  • Refrigerator Unit 21: true
  • Dishwasher Unit 21: true
  • Square Feet Unit 21: 952
  • Rent Unit 21: $2,250.00
  • Bedrooms Unit 21: 3
  • Bathrooms Unit 21: 2
Unit 22
  • Name Unit 22: 406
  • Washer/Dryer Unit 22: true
  • Range/Oven Unit 22: true
  • Refrigerator Unit 22: true
  • Dishwasher Unit 22: true
  • Square Feet Unit 22: 1152
  • Rent Unit 22: $2,275.00
  • Bedrooms Unit 22: 3
  • Bathrooms Unit 22: 2
Unit 23
  • Name Unit 23: 407
  • Washer/Dryer Unit 23: true
  • Range/Oven Unit 23: true
  • Refrigerator Unit 23: true
  • Dishwasher Unit 23: true
  • Square Feet Unit 23: 920
  • Rent Unit 23: $2,200.00
  • Bedrooms Unit 23: 3
  • Bathrooms Unit 23: 2
Unit 24
  • Name Unit 24: 501
  • Washer/Dryer Unit 24: true
  • Range/Oven Unit 24: true
  • Refrigerator Unit 24: true
  • Dishwasher Unit 24: true
  • Square Feet Unit 24: 920
  • Rent Unit 24: $2,200.00
  • Bedrooms Unit 24: 3
  • Bathrooms Unit 24: 2
Unit 25
  • Name Unit 25: 502
  • Washer/Dryer Unit 25: true
  • Range/Oven Unit 25: true
  • Refrigerator Unit 25: true
  • Dishwasher Unit 25: true
  • Square Feet Unit 25: 1245
  • Rent Unit 25: $2,395.00
  • Bedrooms Unit 25: 3
  • Bathrooms Unit 25: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 37207.0
  • Leasable Area Units: Square Feet

Property History for 3613 Consolidation Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3613 Consolidation Avenue

Taxable ValueLand$251,748Additions$101,908Total$353,656
Tax Record2019$3,591 ($299 / month)
Home Facts
Lot Size23,522 SqFtStyleMulti-Family Res (5+ Units)ZoningCCCountyWHATCOMAPN3803314661450000

Schools near 3613 Consolidation Avenue

This home is within Bellingham Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 2 to 9
Rating
School
Distance
Happy Valley Elementary School
PublicPK to 5

Fairhaven Middle School
Public6 to 8

Sehome High School
Public9 to 12

Whatcom Discovery
Public2 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3613 Consolidation Avenue is a multi-family home for sale in Bellingham, WA 98225. This property was listed for sale on July 20, 2023 by Muljat Group, it's currently listed at $21,000,000. This listing's school district is Bellingham Public Schools. Nearby schools include Happy Valley Elementary School, Fairhaven Middle School and Sehome High School. 3613 Consolidation Avenue is a 108-bed, 73-bath, multi-family home built in 2021.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Muljat Group

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.