1000 Jersey St, Bellingham, WA 98225

House hack opportunity in the wonderful Sehome neighborhood. Beautifully remodeled (2023) Sehome duplex. Proforma 6.2% cap rate. Upstairs lease ends in September 2026. 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 with bath. 2026 zoning changes streamline ADU approval-offering strong potential to condo-ize or boost total rent. Proven cash flow in a prime location near WWU and downtown. New roof and skylights, new siding, interior remodels (kitchens plus 2 of 4 baths), 6-zone mini-split system, solar, fencing and amazing landscaping complete this gem. Don't miss it!