2151 Washington Street Ferndale, WA $ 799,000
2151 Washington Street
$ 799,000
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2151 Washington Street

Ferndale, WA, 98248
$ 799,000
Baths0.0 Sq 2,763

Monthly Estimate*

$ 5,310

Listed by Windermere Real Estate Whatcom
2151 Washington Street, Ferndale, WA 98248 - Image 1
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Studio

Multi-Family Home for sale in Ferndale, WA

for $799,000. This 2,763 square foot home was built in 1979 on a lot size of 0.18.

Great opportunity to invest in a well cared for triplex within walking distance to Downtown Ferndale. Centrally located with quick access to I-5, shopping, restaurants, schools, and parks. All units offer a spacious layout with 2 bedrooms, 1 bath, in unit laundry, and shared storage. Each unit has one covered parking spot with an additional 4 uncovered parking spots to share. Current rents for units 1 & 2 are well below market value with potential to rent for $1,500-$1,650 a month. New roof in 2019 and new deck for unit 3 added in 2021. Great rental history, location, and sunny corner lot make this a great investment, whether you're looking to start your portfolio or add to it.

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Multi-Family Pending

Price

$ 799,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,641

Style

Tri-plex

Lot Size

0.18

Year Built

1979

Town/City

Ferndale

County/Region

Whatcom

MLS | Web ID

2228182

Features
General
Interior Features Laminate Wall to Wall Carpet
Sewer Sewer Connected
Heating Radiant
Cooling None
Possession Closing
Roof Composition
Exterior Features Wood Products
HOA 0
Year Built 1979
View Territorial
Property SubType Multi-Family
Tax Year 2024
County Whatcom
Net Operating Income 34528
Insurance Expense 2279
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Ferndale
Special Listing Conditions None
Status Pending
Directions GPS
High School Ferndale High
City Ferndale
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Ferndale
Open Parking Spaces 4
Total Units 3
MLS Area 870 - Ferndale/Custer
Lot Size Square Feet 7841
Waterfront Y/N N
Carport Spaces 2
Carport Y/N N
Street Name Washington
Listing Terms Cash Out Conventional VA Loan
Elementary School Central Elem
Tax Annual Amount 4641
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Vista Mid
Public Remarks Great opportunity to invest in a well cared for triplex within walking distance to Downtown Ferndale. Centrally located with quick access to I-5 shopping restaurants schools and parks. All units offe
Leasable Area 2763
Structure Type Triplex
Building Area Units Square Feet
Standard Status Pending
Water Company City of Ferndale
Units Below Grade false
Water Sewer Garbage 3552
Property Style 53 - Tri-plex
Cap Rate 4.32
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Bedrooms Possible 0
Living Area Units Square Feet
Power Production Type Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Corner Lot Paved Sidewalk
Water Source Public
Total Parking 7
Foundation Details Poured Concrete
Building Area Total 2763
Lot Size Acres 0.18
Lot Size Units Square Feet
Covered Spaces 1
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Gas Available High Speed Internet
Parking Uncovered Spaces 4
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Internal Only
OriginalMLSID NWM2228182
Street Number 1 2151
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* Excluded Features
List By
Luis Vasquez

Listing Agent

Windermere Real Estate Whatcom

Broker

Affordability Calculator

$5,697
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,310
Monthly Property Taxes
$387
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257661 Elementary School
257050 Middle School
Ferndale High High School
Pricing History
DatePricePrice ChangeDescription
4/26/2024$799,000 Listed Price

Map


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2151 Washington Street, Ferndale, WA, 98248 is a Multi-Family Home for sale at $799,000 with 2,763 sqft and a lot size of 0.18. 2151 Washington Street is a studio with 0.0 baths and was built in 1979. The property's zip code is 98248 which is in Ferndale, WA