$1,289,999
For Sale

1864 Trigg Road #1-4

Ferndale, WA 98248
4157 sqft | 0.37 acres | #2318794
Listing OfficeWindermere Real Estate Whatcom
Browse 26 photos
Type:Multi-Family
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
      • Exterior FeaturesCable TV, Fenced-Partially, Gas Available, Patio, Sprinkler System
      • InteriorConcrete, Wall to Wall Carpet
      • FoundationPoured Concrete, Tie Down
      • Exterior MaterialsCement/Concrete, Wood
      • Date ListedJanuary 02, 2025
      • Lot DescriptionDead End Street
      • Sewer InformationSewer Connected
      • Elementary SchoolCascadia Elem
      • High SchoolFerndale High
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Style54 - 4-Plex
      • Original List Price$1,289,999
      • Structure TypeQuadruplex
      • Middle SchoolVista Mid
      • Property ConditionVery Good
      • SubdivisionFerndale
      • School DistrictFerndale
      • CountyWhatcom
      • MLS #2318794
      • Cost1289999
      • MLS #2318794
      • Utility SourcePublic
      • Taxes Annual$6,099
      • Acres0.37
      • Square Feet4157
      • Year Built2005
      • Days on Market (Cumulative)89
      • Stories2
Caitlin SpenceReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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