About 2074 Cottage Place
Welcome to this updated 3-bed, 2-bath home, just shy of 1,200 sq. ft., offering a fully remodeled 320 sq. ft. ADU with 1 bed, 1 bath home. Perfect for guests, rental income, or extended living, the ADU has been meticulously renovated down to the studs with high-quality finishes and contemporary design. With multifamily zoning, this property offers an incredible opportunity to expand with an additional 2-5 units. For those considering rental income, the projected rent is approximately $2,400/month for the main house and $1,200/month for the ADU, resulting in a competitive 5.85% cap rate if fully rented. Whether you're looking for a move-in-ready home with income potential or an investment property with room to grow, this is the one!
Features of 2074 Cottage Place
| MLS® # | 2319992 |
|---|---|
| Price | $575,000 |
| Bedrooms | 3 |
| Bathrooms | 1.75 |
| Full Baths | 1 |
| Square Footage | 1,172 |
| Acres | 0.18 |
| Year Built | 1951 |
| Type | Residential |
| Sub-Type | Residential |
| Status | Active |
Community Information
| Address | 2074 Cottage Place |
|---|---|
| Area | 870 - Ferndale/Custer |
| Subdivision | Ferndale |
| City | Ferndale |
| County | Whatcom |
| State | WA |
| Zip Code | 98248 |
Amenities
| Parking | None |
|---|---|
| View | Territorial |
| Is Waterfront | No |
Interior
| Interior Features | Double Pane/Storm Window, Dining Room, Fir/Softwood, Water Heater |
|---|---|
| Appliances | Disposal, Refrigerator(s), Stove(s)/Range(s) |
| Heating | Other – See Remarks |
| Cooling | Ductless HP-Mini Split, Heat Pump |
| Fireplace | No |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Dead End Street, Paved |
| Foundation | Poured Concrete |
School Information
| District | Ferndale |
|---|
Additional Information
| Days on Market | 69 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Western Realty |
|---|