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Ferndale HighHigh School
Description
Incredible turn-key investment opportunity on the edge of downtown Ferndale! 4 brand new construction zero lot line townhomes with 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 getting signed & low fee property management company is available to facilitate everything. All units are are leased (or applications approved) with move-ins June & July. Building improvements have 8-year tax exemption, so very low expenses and a 6% cap rate. Versatile investment as these can sell as separate units. This is 1 of 3, 4-unit buildings available. Walking distance to parks, schools, downtown & close to I-5 access.
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The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2022 NWMLS. Updated: 6th June, 2023 2:28 AM (UTC)
Listing Agent: Paul Balzotti
Listing Office: John L. Scott Bellingham
Attribution contact: 360-671-9640