5601 3rd Ave, Ferndale, WA 98248  

Price
$ 1,299,000
  • 0 beds
  • 13,952 sqft
MLS#
697379
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Property Details

Many recent improvements top to bottom. 20 units decrease your vacancy risks. The units are a good mix of 1, 2 and 3 bedroom in a high rental demand area with demand increasing due to the growth of Ferndale and the surrounding area including the ports and refineries. A strong history of occupancy levels and opportunities to increase the net income through property management options & potential expansion on site by adding units or mini storage rental. 6.22 CAP rate reflects all prop. mngt. fees

Listing Type
Multi-Family
Listing ID
697379
Bedrooms
0
House Size
13,952
Lot Size
0.76 acres
Listing Status
Active
Year Built
1971
County
whatcom
Subdivision
Amended Plat Of Ferndale
County School District
FRN
Zoning
Multi-Family
Taxes
11197.0
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Listing Information Provided By: RE/MAX WHATCOM COUNTY, INC.
913 Lakeway Dr Bellingham, WA 98229 | Phone: (360) 647-1313
EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.