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2516 Cornwall Ave
Bellingham, WA 98225

Residential Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Building Size 4,800 SF
Number of Floors 2
Year Built 1932

Unit Amenities

  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Granite Countertops
  • Wooden Floors
  • High Speed Internet Access
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Yard
  • Grill
  • Smoke Free

Site Amenities

  • Laundry Facilities
  • Pet Play Area
  • Bicycle Storage

About 2516 Cornwall Ave , Bellingham, WA 98225

Stable income stream from this amazing turn key investment property. Nearly 100K in net operating income providing a 5.7% Cap rate. Every unit re-done with new kitchens and baths and granite counters, new appliances, and cabinets. Gorgeous fir flooring. , absolutely amazing character. Sought after building with zero vacancy. Income of just under 10K per month. All units are leased. New TPO roof, plumbing and electrical upgrades. just sit back and enjoy the cash flow.

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 2 £1,088 341 - 517
1+1 5 £1,160 420 - 588
2+1 1 £1,513 786 - 813

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
380319-310113-0000
Land Assessment
£426,174
Improvements Assessment
£997,105
Total Assessment
£1,423,279

zoning

Zoning Code RMF
RMF
  • Listing ID: 13648266

  • Date on Market: 31/08/2018

  • Last Updated:

  • Address: 2516 Cornwall Ave, Bellingham, WA 98225

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