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Property Description
Incredible turn-key investment opportunity on the edge of downtown Ferndale! 12 brand new construction zero lot line townhomes (3, 4 unit buildings) 2 beds 1.5 baths, 2 decks & deep (1.5 car) garage. Space for a car, plus workshop/storage in back. Highly efficient units features heat pumps w/AC. Private washer/dryers. Leases are signed & property management company is available to manage everything.Building improvements have 8-year tax exemption, so very low expenses. This is new construction with over a 6% cap rate! Versatile investment as these can sell as separate units. Walking distance to parks, schools, downtown & close to I-5 access.
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Property Details
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- MLS ID:
- 2146610
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- Area:
- Ferndale/Custer
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- Community:
- Ferndale
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- County:
- Whatcom County
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- Flooring:
- Vinyl Plank, Carpet
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- High School:
- Ferndale High
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- Lot Size Sq. Ft.:
- 16,989
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- Lot Style:
- Dead End Street, Paved
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- New Construction:
- Yes
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- Property Subtype:
- Multi-Family
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- Property Type:
- Residential Income
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- Status:
- Active
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- Year Built:
- 2022
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Additional Highlights
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- Exterior:
- Cement Planked
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- Furnished:
- Unfurnished
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- Parking:
- 24
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- Roofing:
- Composition
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- Total Number of Units:
- 12
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- View:
- City, Territorial
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- Water Source:
- Public
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Amenities
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- Site Features:
- Cable TV, Deck, High Speed Internet
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Taxes and Fees
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- Taxes (Est):
- $7,251
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- Taxes (Year):
- 2023
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Request Info
2009 - 2047 Salam Loop, Ferndale Washington, 98248 United StatesDisclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by Realogics Sotheby's International Realty and should be verified by the buyer.