5778 2nd Avenue, Ferndale, WA 98248 (MLS # 2227808)
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Listing provided courtesy of Northwest MLS; eXp Realty
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A great investment opportunity with major expandability possibilities! 8% Cap Rate! Zoned Urban Residential gives you tons of versatility on highest and best use. Included with the sale is the adjacent lot that is 5,663 sqft. Boasting 7 units in total - five of them are beautiful, fully renovated units, 6th unit just needs some finishing touches. Renovate the store front for even more income. Huge laundry area with coin-op machines and storage units. Use 2 car garage for yourself or rent that too! Tenants will love living right across from Griffintown Park. Walking distance to downtown Ferndale shops, restaurants and Vanderyacht, Pioneer and Hovander Homestead parks!
| DAYS ON MARKET | 10 | LAST UPDATED | 4/30/2024 |
|---|---|---|---|
| TRACT | Ferndale | YEAR BUILT | 1900 |
| COMMUNITY | Ferndale | COUNTY | Whatcom |
| STATUS | Pending | PROPERTY TYPE(S) | Multi Family |
| School District | Ferndale |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 870 - Ferndale/Custer |
| BUYER'S BROKERAGE COMPENSATION | 3 |
| CONSTRUCTION | Stucco, Wood Siding |
| HEAT | Baseboard, Electric, Forced Air, Natural Gas |
| INTERIOR | Ceramic Tile, Fir/Softwood, Laminate Hardwood |
| LOT | 5663 sq ft |
| STORIES | 2 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Ferndale |
| TAXES | 4392 |
| UTILITIES | Sewer Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/5/24 6:48 AM PDT. 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.
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