$825,000 $4,429 est/mo Sourced by Back At You

5778 2nd Avenue,Ferndale, WA 98248

Ferndale WA, 98248

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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!


Listing TypeFor Sale
Days On Site31
Listing Provided ByeXp Realty | Cody S Stacy



Market Activity 98248

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 Listings courtesy of NWMLS as distributed by MLS GRID.

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Listings Checked: 30 seconds ago
Zip Code98248
Area870 Ferndale | Custer
Community NameFerndale
Listing VS Median (in Ferndale)
low | high
71.884848484848% of Average
On Site:
low | high
14.797136038186% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 6:45:16 AM PDT