Ferndale HighHigh School
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 signed & low-fee property management company is available to facilitate everything. Building improvements have an 8-year tax exemption, so very low expenses and nearly 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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Attribution contact: 360-671-9640
Listing Agent: Paul Balzotti
Listing Office: John L. Scott Bellingham