Stunning 4-plex in the heart of Ferndale! This beautiful building is only 5 years old and a great investment. Each unit is a huge 1,560 sq ft, 3 bedrooms, 2.5 bathrooms. The layout is fantastic! Each unit is 2 levels. The main level has your kitchen, living room w/natural gas fireplace, powder room and deck. Then you either go upstairs or downstairs, depending on the unit, to your 3 beds, 2 bath, and washer & dryer. A perfect design for quiet nights rest with the separation of bedrooms. Building is fully leased boasting a self managed CAP rate of 5.63%! Look at the rents, there is defiantly room for an increase per unit. Seller currently pays water & sewer but units are separately metered w/another opportunity to make the CAP rate soar!
