1864 Trigg Road 1-4 , Ferndale, WA 98248
Ferndale, WA 98248
Description
This 2005 built 4-PLEX offers 2 - 3 bed/1 bath, 2-story interior units, and 2 - 2 bed/1 bath single floor units on the outer sides. Located in Ferndale, close to shopping and easy access to I-5. Units are always occupied with long-term renters, with zero vacancy rates. Each unit offers yard space and it's own back patio and is separately metered. Concrete flooring offers low maintenance. Each unit has 2 parking spaces, with brand new gravel driveway offering guest parking. This property is the perfect way to get your foot in the door of a great rental market or build your real estate investment portfolio. Gross rent totals is $6,900/month with a 5.5 cap rate and room to grow! Tenants pay all utilities.
Details
| MLS# | 2318794 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Building Name | WW Starr Short Plat |
| Suite Number | 1 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2005 |
| Days On Site | 17 |
| Listing Provided By | Windermere Real Estate Whatcom | Jasmin Worden |
Features
| SQ Feet | 4,157 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.37 |
Market Activity 98248
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Learn More About This Property
| State | WA |
|---|---|
| County | Whatcom |
| City | Ferndale |
| Zip Code | 98248 |
| Area | 870 Ferndale | Custer |
| Community Name | Ferndale |
| School District | Ferndale High |
| Elementary School | Cascadia Elem |
| Middle School | Vista Mid |
| High School | Ferndale High |
| Listing VS Median (in Ferndale) | |
Price: $1,289,999 low | high Med: $699,450 SqFt: 4,157 low | high Med: 1,743 $ / SqFt: $310 low | high Med: $405 On Site: 17 low | high Med: 17.500000 | |