New Construction Zero Lot Line Townhome Building – Ferndale, WA

New Construction Zero Lot Line Townhome Building #684119
Status: Available
Incredible turn-key investment opportunity on the edge of downtown Ferndale! 2, 4-unit buildings (8) new construction zero lot line townhomes with 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/dryers included. Leases are signed & low-fee property management company is available to facilitate everything. Building improvements will have future 7 year exemption on building improvement taxes once complete. Even with taxes on improvements this is a 6% cap rate with management fees included….on new construction! Versatile investment as these can sell as separate units. Walking distance to parks, schools, downtown & close to I-5 access.

Flyer(s):

• 10-13-20 Final-Plat SET
• Lots 6-9 Bldg Type A (1) (1)

Listing Courtesy of: John L. Scott – Bellingham – Paul Balzotti (#29970)

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.