Ferndale Area Multifamily

Great opportunity to invest in a well cared for triplex within walking distance to Downtown Ferndale. Centrally located with quick access to I-5, shopping, restaurants, schools, and parks. All units offer a spacious layout with 2 bedrooms, 1 bath, in unit laundry, and shared storage. Each unit has one covered parking spot with an additional 4 uncovered parking spots to share. Current rents for units 1 & 2 are well below market value with potential to rent for $1,500-$1,650 a month. New roof in 2019 and new deck for unit 3 added in 2021. Great rental history, location, and sunny corner lot make this a great investment, whether you're looking to start your portfolio or add to it.