Classic Bellingham duplex offering income potential, flexibility & future upside in the desirable Fountain District! Featuring 2 separate units with 2,179 SF of total living space. The main-level unit offers 4 bedrooms, 1 bath & 1,383 SF, while the upper unit features 2 bedrooms, 1 bath & 795 SF. A detached 1-car garage provides additional income and adds to the property's investment potential. Situated on a 4,792 SF lot in Commercial Transition Area 1 of the Fountain District Urban Village, the property offers an opportunity to explore additional development, including potential for a DADU, subject to City review and permitting. Short-term rentals are also a permitted use within the Urban Village, subject to a Type I permit and applicable City requirements. Convenient location near shopping, restaurants, services, transit & downtown Bellingham. With multiple existing income streams and potential to further improve, reposition or expand the property, this is a compelling opportunity for an investor, owner-occupant or buyer looking to build long-term value.