Many recent improvements top to bottom. 20 units decrease your vacancy risks. The units are a good mix of 1, 2 and 3 bedroom in a high rental demand area with demand increasing due to the growth of Ferndale and the surrounding area including the ports and refineries. A strong history of occupancy levels and opportunities to increase the net income through property management options & potential expansion on site by adding units or mini storage rental. 6.22 CAP rate reflects all prop. mngt. fees
Off market
Price Unknown
5601 3rd Ave, Ferndale, WA 98248
--beds
--baths
13,952sqft
MultiFamily
Built in 1971
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Facts & features
Interior
Heating
- Electric
Interior area
- Total interior livable area: 13,952 sqft
Property
Parking
- Total spaces: 14
Features
- Exterior features: Stone
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.77 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1971
Community & neighborhood
Location
- Region: Ferndale