Home For Sale

Picture of Home For Sale in Ferndale, Washington, United States

$1,339,000

1864 Trigg Rd Unit 1-4
Ferndale, Washington, United States

Listed By: Realtyww Info

Listed On: 08/10/2024

Listing ID: GL11654717 View More Details

Description

This 2005 built 4-PLEX offers 2 - 3 bed/1 bath, 2-story interior units, and 2 - 2 bed/1 bath single floor units on the outer sides. Located in Ferndale, close to shopping and easy access to I-5. Units are always occupied with long-term renters, with zero vacancy rates. Each unit offers yard space and it's own back patio and is separately metered. Concrete flooring offers low maintenance. Each unit has 2 parking spaces, with brand new gravel driveway offering guest parking. This property is the perfect way to get your foot in the door of a great rental market or build your real estate investment portfolio. Gross rent totals is $6, 270/month with a 4.9 cap rate and room to grow. Tenants pay all utilities.

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Listed by: Jasmin Worden