2041 -2047 Salam Loop , Ferndale, Wa 98248

WA, Ferndale
$1,554,000
  • 4,000 Sqft
  • Residential Income Property Type
  • 2022 Year Built
  • Expired Status
Property Description

Incredible turn-key investment opportunity on the edge of downtown Ferndale! 4 new construction zero lot line townhomes with 2 beds 1.5 baths & deep (1.5 car) garage. Create shop/workout space in back! Highly efficient units feature heat pumps w/AC. Private washer/dryers. Other townhomes in project have a proven track record for rent & low-fee property management available to facilitate everything. Also ideal to live in 1 unit & rent the rest. Building improvements have 7 years of tax exemptions upon completion of project. Versatile investment as these can sell as separate units. More units available in same project. Slated for 8-year tax exemption on building improvements. Walking distance to parks, schools, downtown & close to I-5 access

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2289577
  • Price: $1,554,000
  • View: City,Territorial
  • Square Footage: 4,000 Sqft
  • Year Built: 2022
  • Lot Area: 0.13 Acre
  • Status: Expired
  • Office Name: John L. Scott Bellingham
  • Agent Name: Paul Balzotti
  • Property Sub Type: Multi-Family
  • Roof: Composition
Features
  • Heating System Wall Unit(s), Ductless HP-Mini Split
  • Cooling System Ductless HP-Mini Split
  • Exterior Features Stone, Cement Planked, Wood Products
  • Flooring Carpet, Vinyl Plank
  • Interior Features Wall to Wall Carpet
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Whatcom
  • City Ferndale
  • Zipcode 98248
  • Street: Salam
  • Street Number: 2041 -2047
  • Street Suffix: Loop
  • Longitude: W123° 24' 15.8''
  • Latitude: N48° 50' 56.3''
  • Directions: East on Main Street in Ferndale, turn right (north) in front of Ace Hardware, then left on Salam Loop. Show 2009 Salam Loop.
  • Mls Area Major: 870 - Ferndale/Custer
Neighborhood
  • High School: Ferndale High
  • High School District: Ferndale
Additional Information
  • Water Source: Public
  • Stories Total: 3
  • On Market Date: 2024-09-03
  • Number Of Units Total: 4
  • Lot Features: Paved, Curbs, Sidewalk
  • Foundation Details: Poured Concrete
Financial
  • Tax Annual Amount: 9560
Listing Information
  • List Agent Mls Id: 34528
  • List Office Mls Id: 9867
  • Listing Term: Cash Out,Conventional,FHA,See Remarks,State Bond,USDA Loan,VA Loan
  • Mls Status: Expired
  • Modification Timestamp: 2024-12-04T14:19:10Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2024-12-01T08:15:28Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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