Listed by KC Coonc • Windermere RE Whatcom, Inc. Bought with Pacwest Realty, Inc.
Off market jun 2014 for $4.2M
$6,153,694
Est. refi paymentEst. refi$27,842/mo
—
bd
•
— ba
•
20,017
sq ft
524 32nd St, Bellingham, WA 98225
About this home
Broadway Apartments just a few short blocks from WWU Campus is now offered for the first time on the market. This is a tremendously efficient, low overhead property built in 2003 with a design focus on college housing. This building has a total of 19 units with a high revenue generating mix of 17 3-bed, 2 bath units and 2 4-bed, 2 bath units. Washer/dryer in each unit with spacious living room. Easy walking distance to campus from this location. 2014-2015 Pre-leased GSI is $332,700.00.
Multi-familyProperty Type
2003Year Built
0.53 acresLot Size
$307Est. Price/Sq.Ft.
40 spacesParking
Listed by KC Coonc• Windermere RE Whatcom, Inc.
Listed by Ryan Martin• Windermere RE Whatcom, Inc.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
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Baths
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Stories
—
Lot width
—
Lot depth
—
Lot size
0.53 Acres
Year renovated
—
Sq. Ft.
20,017
Year built
2006
Style
Multi-Family (5+ Unit)
County
Whatcom County
APN
3703062504510000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Oct 23, 2026.
RM
Residential Multi Development Zone
The residential multi RM general use type is primarily intended to accommodate the highest concentrations of people within the city and to preclude the development of residential multi zoned properties at densities below the prescribed minimum densities. The regulations found within this chapter are intended to provide a framework for a desirable living environment for the people living within and adjacent to areas designated RM.; The standard regulations within this section are intended to achieve a minimum acceptable level of adequacy for a livable environment. The optional regulations are available for use by the innovative designer or builder to create opportunities for design and site flexibility, while maintaining or surpassing the adequate living environment that the standard regulations would produce.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Infrastructure
Mixed use
Recreation
Communications tower
Housing-Mobile home park
Park & open space
Jan 11, 2024 • Final
Replace water heater
Remove and replace an electric water heater with a similar model.
Plumbing
Water heater
May 9, 2023 • Final
Replace water heater
Replace an electric water heater with a new unit of the same capacity.
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Uncovered Spaces: 40
Open Parking Spaces: 40
Has Open Parking
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Multi-Family Financial Information
Electric Expense: $581
Insurance Expense: $8,858
Other Expense: $29,224
Net Operating Income: $256,876
Gross Adjusted Income: 326089
Gross Scheduled Income: $332,700
Total Monthly Income: 27725
Gross Rent Multiplier: 13
Total Expenses: 69213
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 19
Vacancy Rate: 2
# of Units (Total): 2
Furnished: Unfurnished
Exterior
Building Information
Construction Methods: Double Wall,Standard Frame
Roof: Composition
Exterior Features
Exterior Features: Metal/Vinyl, Stone
Property Information
Style Code: 56 - 10+ Units
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good
Land Information
Possible Use: Multi-Family, Residential
Lot Information
Site Features: Cable TV,Gas Available,High Speed Internet
Zoning Jurisdiction: City
Lot Features: Curbs, Dead End Street, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.53
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $21,586
Tax Year: 2014
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Cash
Utilities
Utility Information
Water Source: Public
Water Company: COB
Power Company: PSE
Sewer: Sewer Connected
Sewer Company: COB
Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
Water Sewer Garbage: 8963
Location
School Information
High School District: Bellingham
Location Information
Directions: Exit 252 left on Samish Way, left over I-5, left at Bill McDonald Pkwy, left on 32nd Street to property on your right.
Community Information
Amenities: Fire Sprinklers,Thermal Windows
Public facts
Beds: —
Baths: —
Sq. Ft.: 20,017
Stories: —
Lot Size: 0.53 acres
Style: Multi-Family (5+ Unit)
Year Built: 2006
Year Renovated: —
County: Whatcom County
APN: 3703062504510000
Home facts updated by county records on Oct 23, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Tuesday, April 15, 2014
Green Information
Green Energy Efficient: Thermal Windows, Double Wall