Bought with Windermere RE North, Inc.
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Key Details
Sold Price $835,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,144 sqft
Price per Sqft $201
Subdivision Ferndale
MLS Listing ID 2252511
Sold Date 10/01/24
Style 54 - 4-Plex
Year Built 1968
Annual Tax Amount $5,881
Lot Size 0.320 Acres
Property Description
This solidly constructed building is in a quiet neighborhood of multi-family housing in the City of Ferndale. The location is at the end of a dead-end street. Each of the units has a deep single car garage with storage. Most windows have been upgraded to vinyl in recent years. Each of the units has a patio or deck. The building includes plenty of parking, a great location and with the garages and single level living in each unit they are easy to rent. The units are on annual leases which could be raised closer to the market as they renew. Easy access to shopping, downtown and near the bus route. There is nothing but money to be made with this great investment opportunity!
Location
State WA
County Whatcom
Area 870 - Ferndale/Custer
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace Yes
Exterior
Exterior Feature Wood Products
Amenities Available Deck, Fenced-Partially, Patio
Waterfront No
View Y/N Yes
View Mountain(s), Partial
Roof Type Composition
Building
Lot Description Dead End Street, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Ferndale
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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