4th Street Land

4th Street Land (Status: Available)

0, 4th St, Ferndale, WA  98248

Incredible turn-key investment opportunity on the edge of downtown Ferndale! 3 new construction zero lot line townhomes with 2 beds 1.5 baths, 2 decks & deep (1.5 car) garage. Space for a car, plus workshop/storage in the back. Highly efficient units feature heat pumps w/AC. Private washer/dryers included. Leases are signed & low-fee property management company is available to facilitate everything. Building improvements have an 8-year tax exemption, so very low expenses and over a 6% cap rate….on new construction! Versatile investment as these can sell as separate units. Walking distance to parks, schools, downtown & close to I-5 access.

Listing Details

Asset Class: Land
Year Built:
Building Total Square Feet: 0
Available Lease Space Square Feet: 12000
Number of Floors: 0
Total Parking Spaces: 0
Local Zoning Information: COMMERCIAL

Listing Courtesy of: John L. Scott – Bellingham

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.