2009 - 2015 Salam Loop , Ferndale, WA 98248

WA, Ferndale
$1,600,000
  • 8 Beds
  • 8 Bath
  • 4,000 Sqft
  • Residential Property Type
  • 2022 Year Built
  • Canceled Status
Property Description

Incredible turn-key investment opportunity on the edge of downtown Ferndale! 4 brand new construction zero lot line townhomes (4 unit building) 2 beds 1.5 baths, 2 decks & deep (1.5 car) garage. Space for a car, plus workshop/storage in the back. Highly efficient units features heat pumps w/AC. Private washer/dryers. Leases are signed & property management company is available to manage everything. Building improvements have an 8-year tax exemption, so very low expenses. This is new construction with over a 6% cap rate! Versatile investment as these can sell as separate units. Walking distance to parks, schools, downtown & close to I-5 access.

Source: NWMLS
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 2145675
  • Price: $1,600,000
  • View: City,Territorial
  • Bedrooms: 8
  • Bathrooms: 8
  • Square Footage: 4,000 Sqft
  • Year Built: 2022
  • Lot Area: 0.13 Acre
  • Status: Canceled
  • Office Name: John L. Scott Bellingham
  • Agent Name: Paul Balzotti
  • Full Bathrooms: 4
  • Property Sub Type: Residential
  • Roof: Composition
  • New Construction Yn: 1
Features
  • Heating System Wall Unit(s), Ductless HP-Mini Split
  • Cooling System Ductless HP-Mini Split
  • Basement None
  • Parking Attached Garage, Off Street
  • Exterior Features Cement Planked
  • Flooring Carpet, Vinyl Plank
  • Interior Features Double Pane/Storm Window, Wall to Wall Carpet, Water Heater
  • Sewer Sewer Connected
Appliances
  • Disposal
  • Dishwasher
  • Refrigerator
  • Stove/Range
  • Microwave
  • Dryer
  • Washer
Address Map
  • Country US
  • State WA
  • County Whatcom
  • City Ferndale
  • Zipcode 98248
  • Street: Salam
  • Street Number: 2009 - 2015
  • Street Suffix: Loop
  • Longitude: W123° 24' 18.5''
  • Latitude: N48° 50' 55.6''
  • Directions: East on Main Street in Ferndale, turn right (north) in front of Ace Hardware, then left on Salam Loop and this is first building on the left closest to the road. Show end unit 2015 Salam Loop.
  • Mls Area Major: 870 - Ferndale/Custer
Neighborhood
  • High School: Ferndale High
  • High School District: Ferndale
Additional Information
  • Water Source: Public
  • On Market Date: 2023-08-01
  • Lot Features: Dead End Street, Paved
  • Levels: Multi/Split
  • Garage: 4
  • Foundation Details: Poured Concrete
  • Attached Garage Yn: 1
Financial
  • Tax Annual Amount: 2417
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: Cancelled
  • Modification Timestamp: 2023-10-20T16:32:14Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-10-20T16:29:54Z
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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