2516 Cornwall Ave

    Bellingham, WA 98226
    • $1,895,000
    • STATUS: Active
    • ON SITE: 65 days
    • ID#: 1248518
    UPDATED: 38 min ago
    $1,895,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,668
      SQFT
    • $406
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1932
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Coldwell Banker Bain.

    Description

    Invest in this beautifully remodeled Art Deco apartment building on Cornwall near Broadway & Cornwall Park. 8 fully renovated units combining modern styles with fine craftsmanship & rich materials. All units have been updated with new appliances, granite countertops, flooring & open floor plans. Building's utility & structural upgrades include a new roof, extensive plumbing & electrical work and much more. In a town that is very much on the rise, this is an opportunity one should not pass up.

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pettruzzelli Team at Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-24T09:15:04.89.

    www.biglittlehome.com/homes/81686521

    2516 Cornwall Ave Bellingham, WA 98226

    • Price: $1,895,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: 1248518
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,668
    SQFT
    $406
    $/SQFT
    1932
    Built
    Neighborhood:
    Cornwall Park
    County:
    Whatcom
    Area:
    Bellingham
    Elementary School:
    Parkview Elem
    Middle School:
    Whatcom Mid
    High School:
    Bellingham High
    School District:
    Bellingham
    Property Description
    Invest in this beautifully remodeled Art Deco apartment building on Cornwall near Broadway & Cornwall Park. 8 fully renovated units combining modern styles with fine craftsmanship & rich materials. All units have been updated with new appliances, granite countertops, flooring & open floor plans. Building's utility & structural upgrades include a new roof, extensive plumbing & electrical work and much more. In a town that is very much on the rise, this is an opportunity one should not pass up.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Stucco Foundation Poured Concrete Garage Spaces 0 Lot Details AlleyCurbsPaved StreetSidewalk Lot Dimensions 126 X 50 Roof FlatTorch Down Stories In Building 2 Style 55 - 5-Plex Total Parking Spaces 4 Uncovered Spaces 4 View CityTerritorial

    Interior Features

    Floor Covering Fir/SoftwoodHardwoodVinyl Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 539 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 588 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 0 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 377 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 813 Unit4 Washer Dryer Y Unit5 Bathrooms 1.00 Unit5 Bedrooms 0 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 517 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 420 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Thermal Windows Bank Owned No Cap Rate 5.50 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 120300 Gross Rent Multiplier 16 Gross Scheduled Income 120300 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 4729 Leased Items None Net Operating Income 103566 New Construction YN No Other Expenses 80 Possession Sub. Tenant's Rights Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Cob Site Features Cable TVPatio Tax Amount 7947 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 16734 Total Expenses TEX 16734 Total Monthly Income 10025 Unit1 Monthly Rent 1120 Unit2 Monthly Rent 1300 Unit3 Monthly Rent 975 Unit4 Monthly Rent 1500 Unit5 Monthly Rent 1200 Unit6 Monthly Rent 1150 Vacancy Rate 0 Water Company Cob Water Sewer Garbage 3978 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Pettruzzelli Team at Keller Williams Western Realty and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pettruzzelli Team at Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-24T09:15:04.89.

     
    Pettruzzelli Team at Keller Williams Western Realty
    120 E George Hopper Rd, Suite 112
    Burlington WA, 98233
    Listing Courtesy of Coldwell Banker Bain.