Presented by: eXp Realty and NWMLS
Property Description
Great Investment!! BRAND NEW SEPTIC!!! AND ONE bedroom apartment! This property brings in strong rental income with an 11% cap rate. 8 units are currently rented with agreements, giving you steady cash flow right away. Two mobile home, Tiny house, 2 bed apartment,7 Rv spots AND Shop/Office currently being used by owner) Plus, the 10 acre parcel can be divided into two 5-acre parcels(Buyers to verify) adding even more value. A rare chance to own a property that makes money now and has big potential for the future!
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric, Propane
Total Fireplaces0
Total Stories1
General
Building Area Units0 sqft
Cap Rate11
Carport Spaces0
Carport Y/NNo
CityFerndale
CoolingCentral Air, Ductless
CountyWhatcom
Directionsrom Grandview rd go north on Kickerville. Property on the left.
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces3
HOANo
HOA Fee$0
Heating90%+ High Efficiency, Ductless, Heat Pump
High SchoolBuyer To Verify
High School DistrictFerndale
Insurance Expense6000
Leasable Area0 sqft
Listing TermsCash, Conventional, Owner Will Carry
Living Area0 sqft
Lot Size Square Feet424,274 sqft
Lot Size UnitsSquare Feet
MLS Area870 - Ferndale/Custer
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income168642
New ConstructionNo
Number Of Units Total7
PossessionClosing
Possible UseResidential
Property Style55 - 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksGreat Investment!! BRAND NEW SEPTIC!!! AND ONE bedroom apartment! This property brings in strong rental income with an 11% cap rate. 8 units are currently rented with agreements, giving you steady cas
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameFerndale
Tax Annual Amount$6,228
Tax Year2024
Units Below Gradefalse
Units In Building Total5
ViewMountains, Territorial
Water CompanyCommunity
Water Sewer Garbage5328
Year Built2010
Zoning DescriptionResidential
Exterior
Building Area Total2,523 sqft
Covered Spaces0
Exterior AmenitiesWood Products
Foundation DetailsPillar/Post/Pier, Slab, Tie Down
Irrigation Water Rights Y/NNo
Lot FeaturesOpen Space
Lot Size Acres9.74
Parking FeaturesRV Parking
Parking Uncovered Total0
Site FeaturesCable TV, Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
Total Parking0
Water SourceCommunity
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Buyer To Verify High School
Elementary School
Buyer To Verify Elementary School
Middle School
Buyer To Verify Middle School
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