Incredible turn-key investment opportunity on the edge of downtown Ferndale! 4 brand new construction zero lot line townhomes with 2b/1.5 baths, 2 decks & deep (1.5 car) garage. Space for a car, plus workshop/storage in back. Highly efficient units features heat pumps w/AC. Private washer/dryers. Leases are getting signed & low fee property management company is available to facilitate everything. All units are are leased (or applications approved) with move-ins June & July. Building improvements have 8-year tax exemption, so very low expenses and a 6% cap rate. Versatile investment as these can sell as separate units. This is 1 of 3, 4-unit buildings available. Walking distance to parks, schools, downtown & close to I-5 access.
Off market
$940,600
2021-2027 Salam Loop, Ferndale, WA 98248
8beds
0baths
4,000sqft
MultiFamily
Built in 2022
-- sqft lot
$940,600 Zestimate®
$235/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 0
Heating
- Electric
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 4,000 sqft
Property
Features
- Has view: Yes
- View description: Territorial, City
Lot
- Size: 5,662 sqft
Details
- Parcel number: 390220023020
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 2022
Community & neighborhood
Location
- Region: Ferndale
Services availability

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