Courtesy of: Jasmin Worden | Windermere Real Estate Whatcom
$1,289,999Ferndale, WA 98248
0.37 Acres
Whatcom County
Key Features
MLS ID: 2318794
Year Build: 2005
Status: Active
Property Type: Residential Income
Area: 870 - Ferndale/Custer
Exterior: ["Cement/Concrete","Wood"]
Address: 1864 Trigg Road #1-4, Ferndale, WA 98248
City: Ferndale
State: WA
Zip: 98248
County: Whatcom
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 Map
Ferndale I-5 NB Portal Way exit, Turn Right, then Turn right onto Trigg Rd. Property is on your left.
Listing # Courtesy of Jasmin Worden of Windermere Real Estate Whatcom. Last Updated: January 14, 2025.
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