$1,050,000
1000 Jersey Street, Bellingham, WA 98225
4 Beds
2.5 Baths
2,622 Sq Ft

MLS #2539671 / Listing provided by NWMLS & Lake & Company.

$1,050,000

1000 Jersey Street
Unit A & B

Bellingham, WA 98225

Active 1 month ago · 49 Days
4
Beds
2.5
Baths
2,622
Sq Ft
$400
Per Sq Ft
1910
Year Built

Main floor leased through June '26. Upstairs leased through October '26. With DADU permitting studio could rent for $1,500+ a month, for $6,040 total. Looking up from the sidewalks of Jersey Street, you'll discover this charming restored Victorian duplex in the desirable Sehome neighborhood. Potential to convert back to a single-family home. Grandfathered as a legal duplex, it sits on a bright, sunny corner lot with territorial views and vistas of Bellingham Bay. Just steps to Sehome Hill Arboretum trails. Upstairs: a 2-level, 2-bed/1-bath unit with private view deck, in-unit laundry, remodeled wrap-around kitchen, and excellent living spaces. Main floor: a spacious 1,128 SF 2-bed/2-bath fully remodeled in 2023 with new kitchen, bathrooms, flooring, lighting, in-unit laundry and smart space planning. A detached 533 sq ft studio awaits your finish-out. 2026 zoning changes streamline ADU approval—offering strong potential to condo-ize or boost total rent toward a pro forma 5.7% cap rate. Proven cash flow in a prime location near WWU and downtown. New roof and skylights, new siding, interior remodels (kitchens plus 2 of 3 baths), 6-zone mini-split system, solar, fencing and amazing landscaping complete this gem. Don't miss it!

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Lower Level Bedrooms: 0
  • Upper Level Bedrooms: 2

Bathrooms

  • Total Bathrooms: 3
  • Half Bathrooms: 0
  • Three-quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Full Bathrooms in Garage: 0
  • Half Bathrooms in Garage: 0
  • Three-quarter Bathrooms in Garage: 0

Fireplaces

  • Total Fireplaces: 0

Water Heater

  • Water Heater Location: Upstairs Closet & Main Floor
  • Water Heater Type: Gas

Heating & Cooling

  • Heating: Yes
  • Cooling: Yes
Exterior Features

Parking

  • Garage Attached: No
  • Parking Features: Off Street
  • Parking Total: 4
  • Total Uncovered Parking Spaces: 4

Structure

  • Roof: Composition, Flat
  • Exterior Features: Cement Planked
  • Foundation: Pillar/Post/Pier, Poured Concrete

Lot Details

  • Lot Features: Alley, Corner Lot, Curbs, Sidewalk
  • Acres: 0.1
  • Foundation: Pillar/Post/Pier, Poured Concrete
Area Features

Schools

  • High School District: Bellingham
  • High School: Sehome High
  • Middle School: Fairhaven Mid
  • Elementary School: Happy Vly Elem

Lot Details

  • Lot Features: Alley, Corner Lot, Curbs, Sidewalk
  • Acres: 0.1
  • Foundation: Pillar/Post/Pier, Poured Concrete
Utilities

Power

  • Energy Source: Electric
  • Power Company: Puget Sound Energy

Water, Sewer, and Garbage

  • Sewer Company: City of Bellingham
  • Sewer: Sewer Connected
  • Water Company: City of Bellingham
  • Water Source: Public
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