5778 2nd Avenue Ferndale, WA 98248
5778 2nd Avenue
Ferndale, WA 98248
$825,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending Inspection
A great investment opportunity with major expandability possibilities! 8% Cap Rate! Zoned Urban Residential gives you tons of versatility on highest and best use. Included with the sale is the adjacent lot that is 5,663 sqft. Boasting 7 units in total - five of them are beautiful, fully renovated units, 6th unit just needs some finishing touches. Renovate the store front for even more income. Huge laundry area with coin-op machines and storage units. Use 2 car garage for yourself or rent that too! Tenants will love living right across from Griffintown Park. Walking distance to downtown Ferndale shops, restaurants and Vanderyacht, Pioneer and Hovander Homestead parks!
Property Features
Community: Ferndale
5-9 Units
Exterior: Stucco
Exterior: Wood Products
Roof: Flat
Year Built: 1900
2024 Taxes: $4392.00
Listing #: 2227808
Lot Details
Lot Size: 0.13 acres
No. of Units: 6
Interior
Cooling: None
Heating: Forced Air, Baseboard
Electric
Natural Gas
Schools
District: Ferndale
Call or Email:
Grace Wamwere
What's Near 5778 2nd Avenue Ferndale, WA 98248?
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.
DMCA Notice 
Courtesy of eXp Realty
