Property Photo: 1864 Trigg Road 1-4 WA 98248

Listing Courtesy of:

Northwest MLS / Windermere Real Estate/Whatcom, Inc. / Jasmin Worden-LeVain

1864 Trigg Road 1-4 Ferndale, WA 98248

Active (83 Days)

$1,289,999

4,157

SQFT

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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.

MLS #:
2275814

Taxes
$6,099(2024)

Lot Size
0.37 acres

Type
Multifamily

Building Name
Ww Starr Short Plat

Year Built
2005

Style
4-Plex

School District
Ferndale

County
Whatcom County

Community
Ferndale

Listed By

Jasmin Worden-LeVain , Windermere Real Estate/Whatcom, Inc.

Source
Northwest MLS as distributed by MLS Grid
Last checked Nov 1 2024 at 4:13 AM GMT+0000

Bathroom Details

Interior Features

Wall to Wall Carpet
Concrete

Subdivision

Ferndale

Lot Information

Dead End Street

Property Features

Sprinkler System
Patio
Gas Available
Fenced-Partially
Cable Tv
Fireplace: 0
Foundation: Tie Down
Foundation: Poured Concrete

Heating and Cooling

Baseboard

Flooring

Carpet
Concrete

Exterior Features

Wood
Cement/Concrete
Roof: Composition

Utility Information

Sewer: Sewer Connected
Fuel: Natural Gas, Electric

School Information

Elementary School: Cascadia Elem
Middle School: Vista Mid
High School: Ferndale High

Additional Listing Info

Buyer Brokerage Compensation: 2.5

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Location

Map View | Street View

Listing to Address

Address to Listing

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Listing Price History

Date

Event

Price

% Change

$ (+/-)

Oct 03, 2024

Price Changed

$1,289,999

-1%

-10,000

Sep 18, 2024

Price Changed

$1,299,999

-3%

-39,001

Aug 09, 2024

Original Price

$1,339,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Based on information submitted to the MLS GRID as of 2024 10/31/24 21:13. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.