PROPERTIES FOR SALE

2074 Cottage Place Ferndale, WA 98248

NWMLS Courtesy of Keller Williams Western Realty
2074 Cottage Place
Ferndale, WA 98248
$575,000
Residential
3 Beds
1.75 Baths
1492 SqFt
Active
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Welcome to this updated 3-bed, 2-bath home, just shy of 1,200 sq. ft., offering a fully remodeled 320 sq. ft. ADU with 1 bed, 1 bath home. Perfect for guests, rental income, or extended living, the ADU has been meticulously renovated down to the studs with high-quality finishes and contemporary design. With multifamily zoning, this property offers an incredible opportunity to expand with an additional 2-5 units. For those considering rental income, the projected rent is approximately $2,400/month for the main house and $1,200/month for the ADU, resulting in a competitive 5.85% cap rate if fully rented. Whether you're looking for a move-in-ready home with income potential or an investment property with room to grow, this is the one!
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Property Features

Community: Ferndale
1 Story
View: Territorial
Fenced-Fully
Gas Available
Outbuildings
Exterior: Wood
Roof: Composition
Parking: None
Year Built: 1951
2024 Taxes: $2822.00
Listing #: 2319992

Lot Details

Lot Size: 0.18 acres
Lot Dimensions: 120x69
Dead End Street
Paved

Appliances That Stay

Disposal
Refrigerator(s)
Stove(s)/Range(s)

Interior

Double Pane/Storm Window
Dining Room
Fir/Softwood
Water Heater
Cooling: Ductless HP-Mini Split, Heat Pump
Heating: Other – See Remarks
Natural Gas

Schools

District: Ferndale
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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