Description
Almost new tri-plex (completed 2022) in amazing location, tucked back off the main road but on the edge of downtown Ferndale, walking distance to parks, schools & all downtown amenities. This tri-plex is individual single-family zero lot line townhomes, giving you the flexibility to sell either unit separately at any time. Both homes include 2 car garages, energy efficient heat pump w/AC upstairs, and a flexible floor plan with a bedroom/bath & bonus space on main floor, then 2 bed 2 baths upstairs. Current rents offer a 5.7% cap but pro-forma rate increases in spring brings cap over 6.0%. Low maintenance, no dues & tax exemption on building thru 2032! Listed as individual units as well.
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0BEDS
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0.27ACRES
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0BATHS
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01/2 BATHS
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4,785SQFT
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$292$/SQFT
Listing information ©2023 Northwest MLS. Listing courtesy of John L. Scott Bellingham.
Sold by .Description
Almost new tri-plex (completed 2022) in amazing location, tucked back off the main road but on the edge of downtown Ferndale, walking distance to parks, schools & all downtown amenities. This tri-plex is individual single-family zero lot line townhomes, giving you the flexibility to sell either unit separately at any time. Both homes include 2 car garages, energy efficient heat pump w/AC upstairs, and a flexible floor plan with a bedroom/bath & bonus space on main floor, then 2 bed 2 baths upstairs. Current rents offer a 5.7% cap but pro-forma rate increases in spring brings cap over 6.0%. Low maintenance, no dues & tax exemption on building thru 2032! Listed as individual units as well.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Jacob Neuman Real Estate | Compass are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-20T17:14:17.837. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-03-20T17:14:17.837. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.