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Elise Badgley

elisebadgley@gmail.com +1(360) 303-9596

Listed by:RE/MAX Whatcom County, Inc. • Carissa Conour

$565,000

Est. payment - /mo

5 Beds

3 Baths

2,262 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,262 sqft

Price per Sqft $249

Subdivision Ferndale

MLS Listing ID 2455414

Style 53 - Tri-plex

Bedrooms 5

Year Built 1964

Annual Tax Amount $3,741

Lot Size 0.370 Acres

Property Sub-Type Multi Family

Property Description

Live in One, Rent the Other Two | MXD Zoned Triplex! Mixed Use (MXD) zoned multifamily opportunity in Ferndale offering current rental income with future development potential. Located minutes from schools, parks (lots of green space, off lease dog friendly & peaceful paths along the winding picturesque Nooksack River at VanderYacht Park's urban oasis, super close w/9-hole disc golf course & sports courts) plus all the downtown amenities. This tri-plex is situated on a 16,117 sq ft non-conforming MXD lot and is NOT located in a flood zone. The property includes a 1964-built rambler duplex (1,560 sq ft total) with two occupied 2-bedroom, 1-bath units (780 sq ft each) with 2026 updates and repairs completed. A separate single-story 1-bedroom, 1-bath home (702 sq ft) is currently vacant, to be remodeled if desired opportunity for a buyer to complete improvements prior to occupancy or demo'd and RE-VISIONED. Well-suited for an owner-occupant approach: improve the detached home, then move into a finished residence while maintaining rental income from the duplex units. Two 2-bedroom units offer consistent income potential to offset ownership costs. MXD zoning may allow additional development potential, including possible ADU or additional units (buyer to verify with City of Ferndale). Tenants benefit from three covered parking spaces with additional storage. Tenants pay garbage, electricity, and natural gas. Owner currently pays water, sewer, and yard care

Location

State WA

County Whatcom

Area 870 - Ferndale/Custer

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Fenced-Partially, Gas Available, High Speed Internet, RV Parking

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Corner Lot, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Ferndale High

School District Ferndale

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Elise Badgley

+1(360) 303-9596

Agent | License ID: 118996

Agent License ID: 118996

1954 Eaton AVE #1-3 Ferndale, WA 98248

Elise Badgley

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1954 Eaton AVE #1-3