Incredible turn-key investment opportunity on the edge of downtown Ferndale! 8 brand new construction zero lot line townhomes (2, 4 unit buildings) 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/dryer. Leases are signed and low-fee property management company is available to facilitate everything. Building improvements have 8-year tax exemption, so very low expenses, and nearly a 6% cap rate. Versatile investment as these can sell as separate units. 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.
