201 N Commercial St Bellingham, WA 98225

Incredible opportunity to purchase a rare restored downtown apartment building. The Avalon is located across from the Bellingham Towers Building and Mount Baker Theater. The property has been extensively restored and features brass hardware, cast iron claw foot tubs, antique molding, & original built-ins. There is tremendous upside potential by normalizing rents on the next turnover, increasing the utility charges, and utilizing the incredible basement as storage. Easy 6.5% cap on next turn.