Incredible turn-key investment opportunity on the edge of downtown Ferndale! 4 brand new construction zero lot line townhomes with 2b/1.5 baths, 2 decks & deep (1.5 car) garage. Space for a car, plus workshop/storage in back. Highly efficient units features heat pumps w/AC. Private washer/dryers. Leases are getting signed & low fee property management company is available to facilitate everything. All units are are leased (or applications approved) with move-ins June & July. Building improvements have 8-year tax exemption, so very low expenses and a 6% cap rate. Versatile investment as these can sell as separate units. This is 1 of 3, 4-unit buildings available. Walking distance to parks, schools, downtown & close to I-5 access.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
