1000 Jersey Street #A & B, Bellingham, WA, 98225

About This Home

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!