$5,200,000
For Sale

8889 Depot Rd

Lynden, WA 98264
21000 sqft | 1.01 acres | #2317162
Listing OfficeHomeSmart One Realty
Browse 19 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Presenting a prime investment opportunity, this well-maintained 18-unit complex spans 21,000 square feet across three stories. The property features a mix of 9 one-bedroom and 9 two-bedroom units, offering a versatile range of living spaces to meet tenant needs, including the convenience of an elevator. Each unit is thoughtfully designed for comfort and functionality, with ample natural light and spacious layouts. In addition to the residential units, the sale includes 4 storage condos, providing additional income potential. The complex is strategically located, offering easy access to key amenities, public transportation, and major roads. This is an ideal opportunity for investors!

  • Property Details
      • Exterior FeaturesCable TV, Deck, Sprinkler System
      • Exterior MaterialsBrick, Cement Planked
      • Lot DescriptionCorner Lot, Sidewalk
      • Date ListedDecember 18, 2024
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Style56 - 10+ Units
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • ViewTerritorial
      • Original List Price$5,200,000
      • CountyWhatcom
      • Taxes Annual$32,000
      • MLS #2317162
      • Cost5200000
      • MLS #2317162
      • Utility SourcePublic
      • SubdivisionLynden
      • School DistrictLynden
      • Square Feet21000
      • Acres1.01
      • Year Built2022
      • Stories3
      • Days on Market (Cumulative)5
Morgan StarrReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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