Property Attributes
- ID#2518037
- TypeMulti-Family
- CountyWHATCOM
- CityFerndale
- AreaFerndale-Custer
- NeighborhoodFerndale
- Zip98248
- Style5-9 Units
- Year Built2010
- Taxes$ 6228
- Price$ 1,600,000
- Bedrooms8
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage2523
- Lot Size9.74 Acres
Data Source:
Northwest Multiple Listing Service (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!
| Elementary School | Middle School | High School |
|---|---|---|
| Buyer To Verify Elementary School | Buyer To Verify Middle School | Buyer To Verify High School |
| Price History | |
|---|---|
| 5/21/2026 | Listed $1,600,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | 90%+ High Efficiency,Ductless,Heat Pump |
| Cooling | Central Air,Ductless |
| Possession | Closing |
| Roof | Composition |
| Garage Spaces | 3 |
| Security Features | Fully Fenced |
| Year Built | 2010 |
| View | Mountains,Territorial |
| Property Subtype | Multi Family |
| Tax Year | 2024 |
| County | Whatcom |
| Net Operating Income | 168642 |
| Insurance Expense | 6000 |
| New Construction | No |
| Property Type | Residential Income |
| HOA | No |
| Subdivision Name | Ferndale |
| Possible Use | Residential |
| Special Listing Conditions | None |
| Status | Active |
| Directions | rom Grandview rd go north on Kickerville. Property on the left. |
| High School | Buyer To Verify |
| City | Ferndale |
| Senior Community Y/N | No |
| High School District | Ferndale |
| Zoning Description | Residential |
| Number Of Units Total | 7 |
| MLS Area | 870 - Ferndale/Custer |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 424274 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,Owner Will Carry |
| Elementary School | Buyer To Verify |
| Tax Annual Amount | 6228 |
| Middle/Junior High School | Buyer To Verify |
| Public Remarks | 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 cas |
| Structure Type | Multi Family |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Community |
| Units Below Grade | false |
| Units In Building Total | 5 |
| Water Sewer Garbage | 5328 |
| Property Style | 55 - 5-9 Units |
| Cap Rate | 11 |
| NWM_ShowMapLink | Yes |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Power Production Type | Electric,Propane |
Exterior Features
| Exterior Amenities | Wood Products |
|---|---|
| Parking Features | RV Parking |
| Lot Features | Open Space |
| Water Source | Community |
| Foundation Details | Pillar/Post/Pier,Slab,Tie Down |
| Building Area Total | 2523 |
| Lot Size Acres | 9.74 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Fenced-Fully,High Speed Internet,Outbuildings,Patio,RV Parking,Shop |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 98248
In The Neighborhood
Ferndale
$ 3,500,000
- Type
- Multi-Family | Active
- Size
- 13,972 SqFt
- Rooms
- 32 Beds + 24 Baths
Listed by: RE/MAX Whatcom County, Inc.
Ferndale
$ 1,550,000
- Type
- Multi-Family | Active
- Size
- 8,184 SqFt
- Rooms
- 23 Beds + 9 Baths
Listed by: Muljat Group
Ferndale
$ 515,000
- Type
- Single Family
- Size
- 1,452 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Windermere RE Whatcom, Inc.
Ferndale
$ 895,000
- Type
- Multi-Family | Active
- Size
- 2,722 SqFt
- Rooms
- 6 Beds + 4 Baths
Listed by: Best Choice Realty LLC
Ferndale
$ 875,000
- Type
- Multi-Family | Active
- Size
- 3,208 SqFt
- Rooms
- 8 Beds + 4 Baths
Listed by: Terrafin
Ferndale
$ 875,000
- Type
- Multi-Family | Active
- Size
- 2,832 SqFt
- Rooms
- 6 Beds + 6 Baths
Listed by: Bellingham Real Estate Company
Ferndale
$ 16,350,000
- Type
- Multi-Family | Active
- Rooms
- 0 Beds + 0 Baths
Listed by: Pacific Continental Realty LLC