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$1,299,000 - 5601 3rd Ave, Ferndale
- -
- Bedrooms
- -
- Baths
- 15,000
- SQ. Feet
- 1971
- Year Built
cap Rate 9%. Low vacancy rate! Extensive updates and maintenance includes New Roof in 2006, updated electric, windows and new doors reset for energy efficiency. An opportunity to own a well maintained 20 unit multifamily featuring 1,2 and 3 bedroom units in a high rental demand area with strong cash flow. Rental demand in this area is increasing with job expansion at the refineries. Alcoa and SSA Marine potential for 4,000 new jobs in the area.
Listing Office:Re/max Whatcom County
Essential Information
- MLS® #:
- 302291
- Price:
- $1,299,000
- Bathrooms:
- 0.00
- Square Footage:
- 15,000
- Year Built:
- 1971
- Type:
- Multi Family
- Sub-Type:
- 57-10+ Units
- Status:
- Active
Community Information
- Address:
- 5601 3rd Ave
- Area:
- Ferndale/Custer
- Subdivision:
- Ferndale
- City:
- Ferndale
- County:
- Whatcom
- State:
- WA
- Zip Code:
- 98248
Amenities
- Amenities:
- Coin Op Laundry, Thermal Windows
- View:
- Territorial
Interior
- Heating:
- Baseboard
Exterior
- Exterior:
- Stone
- Lot Description:
- Alley, Corner Lot, Curbs, Paved Street, Sidewalk
- Roof:
- Built-up, See Remarks, Torch Down
- Foundation:
- Poured Concrete
School Information
- District:
- Ferndale
- Elementary:
- Buyer To Verify
- Middle:
- Buyer To Verify
- High:
- Buyer To Verify
Additional Information
- Zoning:
- Multi-Family
Listing Details
- Listing Office:
- Re/max Whatcom County
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are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2012. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by RE/MAX Whatcom County Inc. and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
Listing information last updated on May 23rd, 2012 at 12:00pm.