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Listing 5 out of 25
Sold for $765,000 Sold

1864 Trigg Rd
Ferndale, WA 98248

4 units | Multi Family Home
16117 sq ft lot - MLS# 1395647 Courtesy of Buy or Sell Realty Inc
Property Photo

Sold

Sold for $765,000 on Apr 5, 2019

Description

Great investment. Newer immaculate fourplex, in the growing city of Ferndale. Close to I-5. Two units are two stories 3bed and the other two units are one story 2 bedrooms. Live in one unit rent the rest. Partially fenced. Has eight paved parking spaces. Fire sprinklers, concrete floors bedrooms are carpeted. Each unit has a patio. Small back and side yard for the units. All units are on their separate meters individually, gas, power and water.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $780,000
  • County/Area: Whatcom County
  • Zip Code: 98248
  • Year Built: 2005
  • School District: Ferndale
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • Sq.Ft.: 4,157 sq ft
  • Units: 4 units
  • # of Parking Spaces: 8
  • Lot Size: 16117 sq ft lot
  • Area: Ferndale
  • Amenities: Fire Sprinklers
  • Area Number: 870
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 3
  • Bedrooms Unit 3: 3
  • Bedrooms Unit 4: 2
  • Building Condition: Very Good
  • Cap Rate - NOI div LP: 0.07
  • Energy Source(heat): Electric, Natural Gas
  • Exterior: Wood Products
  • Floor Covering: Ceramic Tile, Concrete, Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete, Slab
  • General Zoning Class: Multi-Family, Residential
  • Gross Adjusted Income: $58479
  • Gross Rent Multiplier: $11
  • Gross Scheduled Income: $65484
  • Heating/Cooling: Forced Air
  • Insurance Expenses: $1200
  • Lot Details: Cul-de-sac, Paved Street, Sidewalk
  • Net Operating Income: $60507
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 8
  • Other Expenses: $828
  • Power Company: Pse
  • Rent Unit 1: $1250
  • Rent Unit 2: $1457
  • Rent Unit 3: $1550
  • Rent Unit 4: $1200
  • Roof: Composition
  • Selling Agent: Mike Kooy
  • Selling Office: Windermere Real Estate Whatcom
  • Sewer Company: City Of Ferndale
  • Site Features: Cable TV, Sprinkler System
  • Total Expenses: $7005, $7005
  • Total Monthly Income: $5457
  • Water Company: City Of Ferndale
  • Water Source: Public
  • Sold Date: 2019-04-05 00:00:00
  • Sold Price: 765000.00
Courtesy of Buy or Sell Realty Inc
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than RE/MAX Whatcom County, Inc. are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-07-23

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