Listing Office: eXp Realty Northwest Multiple Listing Service Logo

5778 2nd Avenue, Ferndale, WA

$825,000

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0.13

Acres

About 5778 2nd Avenue

A great investment opportunity with major expandability possibilities! 8% Cap Rate! Zoned Urban Residential gives you tons of versatility on highest and best use. Included with the sale is the adjacent lot that is 5,663 sqft. Boasting 7 units in total - five of them are beautiful, fully renovated units, 6th unit just needs some finishing touches. Renovate the store front for even more income. Huge laundry area with coin-op machines and storage units. Use 2 car garage for yourself or rent that too! Tenants will love living right across from Griffintown Park. Walking distance to downtown Ferndale shops, restaurants and Vanderyacht, Pioneer and Hovander Homestead parks!

Features of 5778 2nd Avenue

MLS® # 2228832
Price $825,000
Bathrooms 0.00
Acres 0.13
Year Built 1900
Type Commercial Sale
Sub-Type Commercial Industrial
Status Pending Inspection

Community Information

Address 5778 2nd Avenue
Area 870 - Ferndale/Custer
Subdivision Ferndale
City Ferndale
County Whatcom
State WA
Zip Code 98248

Amenities

Parking Spaces 6
Is Waterfront No

Interior

Interior Features Ceramic Tile, Fir/Softwood, Laminate Hardwood
Heating Baseboard, Forced Air
Cooling None
Fireplace No

Exterior

Exterior Features Stucco, Wood Products

Additional Information

Days on Market 17
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeeXp Realty

Listing Map

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