5726 2nd Ave

    Ferndale, WA 98248
    • $429,900
    • STATUS: Active
    • ON SITE: 63 days
    • ID#: 1519919
    UPDATED: 62 min ago
    $429,900
    • 0
      BEDS
    • 0.42
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,680
      SQFT
    • $256
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Re/Max Whatcom County, Inc..

    Description

    INVESTOR ALERT! Great opportunity to own a multi-family in growing Ferndale. Live in the clean, well maintained 3+ bedroom, 1 3/4 bath house and pay towards your mortgage with rent from a studio suite AND 1 br apartment. Nice shed/covered storage area and fully paved parking/driveway. Separate entrances for both apartments. Zoned RMH (multi-family) with potential to add an additional 4-Plex on the eastern portion of the huge 18200 sq ft lot. Walking distance to downtown, Vanderyacht Park.

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    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 Capstone Ventures Real Estate Inc are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-19T13:15:59.517.

    www.capstoneventuresinc.com/homes/99009764

    5726 2nd Ave Ferndale, WA 98248

    • Price: $429,900
    • Status: Active
    • Updated: 62 min ago
    • ID#: 1519919
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.42
    Acres
    1,680
    SQFT
    $256
    $/SQFT
    1914
    Built
    Neighborhood:
    Ferndale
    County:
    Whatcom
    Area:
    Ferndale/Custer
    School District:
    Ferndale
    Property Description
    INVESTOR ALERT! Great opportunity to own a multi-family in growing Ferndale. Live in the clean, well maintained 3+ bedroom, 1 3/4 bath house and pay towards your mortgage with rent from a studio suite AND 1 br apartment. Nice shed/covered storage area and fully paved parking/driveway. Separate entrances for both apartments. Zoned RMH (multi-family) with potential to add an additional 4-Plex on the eastern portion of the huge 18200 sq ft lot. Walking distance to downtown, Vanderyacht Park.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Cement PlankedWood Foundation Concrete Ribbon Garage Spaces 0 Lot Details Paved Street Lot Dimensions 75 X 243 Roof Composition Stories In Building 2 Style 52 - Duplex Total Parking Spaces 6 Uncovered Spaces 6 View Territorial

    Interior Features

    Floor Covering Ceramic TileWall to Wall Carpet Heating And Cooling Forced Air Unit1 Bathrooms 1.75 Unit1 Bedrooms 3 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1680 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 400 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 0 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 320 Unit3 Washer Dryer N Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 2.00 Electrical Expenses 2000 Energy Source ElectricNatural Gas EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 9387 Gross Rent Multiplier 25 Gross Scheduled Income 17400 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1500 Leased Items None Net Operating Income 9387 New Construction YN No Other Expenses 0 Possession ClosingSub. Tenant's Rights Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Ferndale Site Features OutbuildingsRV Parking Tax Amount 2113 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 8013 Total Expenses TEX 8013 Total Monthly Income 17400 Unit1 Monthly Rent 0 Unit2 Monthly Rent 800 Unit3 Monthly Rent 650 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company City Of Ferndale Water Sewer Garbage 2400 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Capstone Ventures Real Estate Inc and should be verified by the buyer.


    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 Capstone Ventures Real Estate Inc are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-11-19T13:15:59.517.

     
    Capstone Ventures Real Estate Inc
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    Listing Courtesy of Re/Max Whatcom County, Inc..