$1,250,000
Closed

1864 Trigg Road #1-4

Ferndale, WA 98248
4157 sqft | 0.37 acres | #2318794
Listing OfficeWindermere Real Estate Whatcom
Structure:4 Family
Zone:Residential

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 $6,900/month with a 5.5 cap rate and room to grow! Tenants pay all utilities.

  • Property Details
      • Days on Market (Cumulative)192

Location

Doug WalkerReal Estate Group
OR

Nearby Listings in 98248