2516 Cornwall Ave | Bellingham, WA 98225
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2516 Cornwall Ave
Bellingham, WA 98225
Multifamily Property For Sale · 8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 4,800 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1932 |
| Building Class | C |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,800 SF |
| No. Stories | 2 |
| Year Built | 1932 |
Unit Amenities
- Dishwasher
- Microwave
- Washer/Dryer
- Granite Countertops
- Hardwood 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
| Parcel Number | 380319-310113-0000 | Improvements Assessment | $1,775,176 |
| Land Assessment | $758,729 | Total Assessment | $2,533,905 |
PROPERTY TAXES
Parcel Number
380319-310113-0000
Land Assessment
$758,729
Improvements Assessment
$1,775,176
Total Assessment
$2,533,905
zoning
| Zoning Code | RMF |
| RMF |
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