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Listing courtesy of NWMLS / eXp Realty
5778 2nd Avenue
Ferndale, WA 98248
–
beds
–
baths
7,326
sqft
5,663
sqft lot
$112
per sqft
1900
build
–
on site
A great investment opportunity with major expandability possibilities! 8% Cap Rate! Zoned Urban Residential gives you tons of versatility on highest and best use. Included with the sale is the adjacent lot that is 5,663 sqft. Boasting 7 units in total - five of them are beautiful, fully renovated units, 6th unit just needs some finishing touches. Renovate the store front for even more income. Huge laundry area with coin-op machines and storage units. Use 2 car garage for yourself or rent that too! Tenants will love living right across from Griffintown Park. Walking distance to downtown Ferndale shops, restaurants and Vanderyacht, Pioneer and Hovander Homestead parks!
Listing courtesy of NWMLS / eXp Realty
Last checked:
Checking…
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Last updated Apr 30, 2024
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MLS# 2227808 —
The Building
Year Built:
1900
New Construction:
false
Structure Type:
Multi Family
Exterior Features:
Stucco, Wood Products
Roof:
Flat
Units In Building Total:
7
# of Units Total:
6
Stories Total:
2
Building Area Total:
7326
Building Area Units:
Square Feet
Calculated SqFt:
7326
Interior
Interior Features:
Ceramic Tile, Fir/Softwood, Laminate Hardwood
Flooring:
Ceramic Tile, Softwood, Laminate
Fireplace:
false
Financial & Terms
Possession:
See Remarks, Tenant's Rights
Location
Latitude:
48.85112
Longitude:
-122.58947
Directions:
Use GPS.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Property Condition:
Fair
Parcel Number:
3902201761000000
Lot Size Units:
Square Feet
Lot Size Acres:
0.13
Lot Size SqFt:
5663
Lot Size Source:
Public Record
View:
false
Waterfront:
false
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(360) 746-9774
Office phone:
(360) 746-9774
Taxes
Tax Year:
2024
Tax Annual Amount:
4392
The Listing
Special Listing Conditions:
None
Buyer's Brokerage Compensation:
3%
Heating & Cooling
Cooling:
false
Heating:
true
Cooling:
None
Heating:
Baseboard, Forced Air
Utilities
Water Company:
City Of Ferndale
Water Source:
Public
Sewer:
Sewer Connected
Sewer Company:
City Of Ferndale
Power Company:
Pse
Water Sewer Garbage:
7288.26
Schools
High School District:
Ferndale
The Community
Subdivision Name:
Ferndale
Senior Community:
false
Association:
false
Parking
Parking Total:
6
Parking Uncovered Spaces:
4
Open Parking:
true
Open Parking Spaces:
4
Carport:
false
Covered Spaces:
2
Listing courtesy of NWMLS / eXp Realty
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
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Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
4/30/24
Apr 30, 2024
Pending
NWMLS
$825,000
4/25/24
Apr 25, 2024
Listed / Active
NWMLS
$825,000
43.5% (12.2% / YR)
10/2/20
Oct 2, 2020
NWMLS
$575,000
-14.8%
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No additional history available
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This multifamily located in Ferndale, WA 98248 is currently pending sale for $825,000. 5778 2nd Avenue is a 7,326 square foot multifamily with – beds and – baths that has been on Estately for 10 days. This multifamily is in the attendance area of Ferndale High School, Central Elementary School, Vista Middle School, and Windward High School.
Listing courtesy of NWMLS / eXp Realty
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by eXp Realty and should be verified by the buyer.
Checking…
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Last updated Apr 30, 2024
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