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Off market
  • $1,801,200

    2516 Cornwall Ave, Bellingham, WA 98225

    5beds
    6baths
    4,800sqft
    MultiFamily
    Built in 1932
    -- sqft lot
    $1,801,200 Zestimate®
    $375/sqft
    $3,336 Estimated rent

    Home value

    $1,801,200

    $1.62M - $2.00M

    $3,336/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $3,336/mo

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    $3,336/mo

    Rent Zestimate®

    Refinance and save

    $10,645/mo

    Est. payment

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    $10,645/mo

    Est. payment

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    What's special

    Stable income stream from this amazing turn key investment property. Nearly 100K in net operating income providing a 6.23% 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. Sit back and enjoy the cash flow. GREAT VALUE/100% TURN KEY

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    Heating
    • Baseboard
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood, Laminate
    Interior area
    • Total interior livable area: 4,800 sqft

    Property

    Parking
    • Total spaces: 8
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: City
    Lot
    • Size: 6,098 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1932

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Public

    Community & neighborhood

    Location
    • Region: Bellingham

    Other

    Other facts
    • Property type: MULT
    • Range/oven1: Y
    • Range/oven2: Y
    • Range/oven3: Y
    • Range/oven4: Y
    • Range/oven5: Y
    • Range/oven6: Y
    • Foundation: Poured Concrete
    • Sewer: Sewer Connected
    • Building condition: Very Good
    • Possesion: Sub. Tenant's Rights
    • Water source: Public
    • Energy source: Electric
    • General zoning: Multi-Family, Residential
    • View: Territorial
    • Potential terms: Conventional, Cash Out
    • Form 17: Not Provided
    • Amenities: Thermal Windows
    • Style: 55 - 5-9 Units
    • Roof: See Remarks
    • Site features: Gas Available
    • Floor covering: See Remarks
    • Lot details: Alley, Curbs, Sidewalk
    • Bathrooms1: 1.00
    • Bathrooms2: 1.00
    • Bathrooms3: 1.00
    • Bathrooms4: 1.00
    • Bathrooms5: 1.00
    • Bathrooms6: 1.00
    • Offers: Reviewed on receipt

    Price history

    DateEventPrice
    2/28/2019Sold$1,500,000-6%$313/sqft
    Source: NWMLS as distributed by MLS GRID #1352483 Report a problem
    12/14/2018Pending sale$1,595,000$332/sqft
    Source: Bellwether Real Estate #1352483 Report a problem
    11/13/2018Price change$1,595,000-5.6%$332/sqft
    Source: Bellwether Real Estate #1352483 Report a problem
    10/12/2018Price change$1,690,000-3.4%$352/sqft
    Source: Bellwether Real Estate #1352483 Report a problem
    8/30/2018Listed for sale$1,750,000$365/sqft
    Source: Bellwether Real Estate #1352483 Report a problem
    7/21/2018Listing removed$1,750,000$365/sqft
    Source: Coldwell Banker Bain #1248518 Report a problem
    6/9/2018Price change$1,750,000-7.7%$365/sqft
    Source: Coldwell Banker Bain #1248518 Report a problem
    5/3/2018Price change$1,895,000-5%$395/sqft
    Source: Coldwell Banker Bain #1248518 Report a problem
    3/19/2018Listed for sale$1,995,000+143.7%$416/sqft
    Source: Coldwell Banker Bain #1248518 Report a problem
    11/25/2015Sold$818,750-0.8%$171/sqft
    Source: NWMLS as distributed by MLS GRID #818085 Report a problem
    7/22/2015Pending sale$825,000$172/sqft
    Source: Windermere Real Estate/Whatcom, Inc. #818085 Report a problem
    7/13/2015Listed for sale$825,000+25%$172/sqft
    Source: Windermere Real Estate/Whatcom, Inc. #818085 Report a problem
    1/9/2012Sold$660,000-5.6%$138/sqft
    Source: NWMLS as distributed by MLS GRID #295088 Report a problem
    11/29/2011Pending sale$699,000$146/sqft
    Source: Muljat Group #295088 Report a problem
    11/15/2011Listed for sale$699,000$146/sqft
    Source: Muljat Group #295088 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Sunnyland

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Whatcom Mid
    • High: Bellingham High
    • District: Bellingham

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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