2009 - 2015 Salam Loop , Ferndale, WA 98248

WA, Ferndale
$1,600,000
  • 0.13 Acre
  • Residential Income 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 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 8-year tax exemption, so very low expenses. This is a 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 Income
  • Listing Type: For Sale
  • Listing ID: 2146112
  • Price: $1,600,000
  • View: City,Territorial
  • Year Built: 2022
  • Lot Area: 0.13 Acre
  • Status: Canceled
  • Office Name: John L. Scott Bellingham
  • Agent Name: Paul Balzotti
  • Property Sub Type: Multi-Family
  • Roof: Composition
  • New Construction Yn: 1
Features
  • Heating System Wall Unit(s), Ductless HP-Mini Split
  • Cooling System Ductless HP-Mini Split
  • Exterior Features Cement Planked
  • 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: 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. Show 2015 Salam Loop.
  • Mls Area Major: 870 - Ferndale/Custer
Neighborhood
  • High School: Ferndale High
  • High School District: Ferndale
Additional Information
  • Water Source: Public
  • Stories Total: 2
  • Possible Use: Residential
  • On Market Date: 2023-08-01
  • Number Of Units Total: 4
  • Lot Features: Dead End Street, Paved
  • Foundation Details: Poured Concrete
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: 2023-10-28T14:13:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2023-10-20T14:52:01Z
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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