Property Details
2500 Cornwall Avenue
Bellingham, WA 98226
$2,050,000
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Property Overview
6 multi-family studio apartments, plus 3 commercial office spaces in this highly desirable location on the corner of Alabama and Cornwall Ave. It is currently fully occupied.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Whatcom
Neighborhood
Bellingham
Listed
Sep 25, 2024
Financial Summary
Cap Rate
6.06%
Net Operating Income
$124,130
Gross Scheduled Income
$173,413
Gross Rent Multiplier
11.82
Total Expenses
$40,612
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
6,625
Leasable Area
6,625 sqft
Total Units
9
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
12,632 sqft
Year Built
2005
Exterior & Lot
Lot Size
0.29 sqft
Year Built
2005
Exterior Materials
Brick
Sewer
Sewer Connected
Lot Features
Corner Lot
Exterior Features
Brick
Location
City
Bellingham
County
Whatcom
Coordinates
48.76319, -122.47486
Additional Information
Tax Year
2024
Annual Taxes
$9,858
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
