2151 Washington Street, Ferndale WA, 98248
(Active)
$799,000
|
2,763 sqft
|
MLS# 2228182
Last Updated: 5/7/2024 1:20 PM
Description for
2151 Washington Street
Ferndale, WA 98248
Great opportunity to invest in a well cared for triplex within walking distance to Downtown Ferndale. Centrally located with quick access to I-5, shopping, restaurants, schools, and parks. All units offer a spacious layout with 2 bedrooms, 1 bath, in unit laundry, and shared storage. Each unit has one covered parking spot with an additional 4 uncovered parking spots to share. Current rents for units 1 & 2 are well below market value with potential to rent for $1,500-$1,650 a month. New roof in 2019 and new deck for unit 3 added in 2021. Great rental history, location, and sunny corner lot make this a great investment, whether you're looking to start your portfolio or add to it.
Price
$799,000
Ferndale
Whatcom
2,763 (approx)
2228182
Active
Description
Great opportunity to invest in a well cared for triplex within walking distance to Downtown Ferndale. Centrally located with quick access to I-5, shopping, restaurants, schools, and parks. All units offer a spacious layout with 2 bedrooms, 1 bath, in unit laundry, and shared storage. Each unit has one covered parking spot with an additional 4 uncovered parking spots to share. Current rents for units 1 & 2 are well below market value with potential to rent for $1,500-$1,650 a month. New roof in 2019 and new deck for unit 3 added in 2021. Great rental history, location, and sunny corner lot make this a great investment, whether you're looking to start your portfolio or add to it.
Listing Information
| Property Type: Triplex, Multi-Family, 2 Story | ||
| 0.18 Acres | 2,763 (approx) | 1979 |
| Yes-2 spaces | 2 | Wood |
Ferndale
Public
Cable Available, Sewer Connected
Neighborhood
School Information
| District: Ferndale | ||
| Central Elem | Vista Mid | Ferndale High |
Room Information
Interior Features
Laminate, Carpet
None
Gas Heat,
Radiant
Laminate,Wall to Wall Carpet
Exterior / Lot Features
2 Carport Spaces,
7 Parking Spaces,
Wood
Deck
Composition
Other
Corner Lot,Paved,Sidewalk
Driving Directions
GPS
Financial Considerations
| 3902194950560000 |
| $4,641 |
Conventional, VA Loan
Listing Price History
Ferndale Real Estate
Ferndale is located in Washington. Ferndale, Washington 98248 has a population of 14,733.
The median household income in Ferndale, Washington 98248 is $76,510. The median household income for the surrounding county is $67,590 compared to the national median of $66,222. The median age of people living in Ferndale 98248 is 39 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/25/2024 | Active | $799,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $4,856 USD | 10.72% | $489,914 USD | - |
| 2022 | $4,386 USD | -0.72% | $489,914 USD | -17.36% |
| 2021 | $4,418 USD | 3.32% | $592,798 USD | 30.68% |
| 2020 | $4,276 USD | 11.47% | $453,636 USD | 25.58% |
| 2018 | $3,836 USD | 28.72% | $361,232 USD | 14.11% |