5698 2nd AVE, Ferndale, WA 98248
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5698 2nd AVE, Ferndale, WA 98248
5698 2nd AVE, Ferndale, WA 98248
5698 2nd AVE, Ferndale, WA 98248
5698 2nd AVE, Ferndale, WA 98248
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ONE Real Estate

ONE Real Estate

+1(360) 201-0908
Listed by:Windermere RE Whatcom, Inc. • Jacson Bevens
$ 649,744
Est. payment /mo
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5698 2nd AVE Ferndale, WA 98248

3 Beds

2 Baths

1,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $433

Subdivision Ferndale

MLS Listing ID 2475460

Style 52 - Duplex

Bedrooms 3

Year Built 2004

Annual Tax Amount $3,461

Lot Size 0.400 Acres

Lot Dimensions 13 x 174 x 156 x 89

Property Sub-Type Multi Family

Property Description

Incredible investment opportunity in Ferndale! Tucked at the end of a dead-end street and close to schools, parks, and downtown, this duplex sits on a lot zoned for up to SIX units, providing cash flow now and tons of future upside. Site features two fully rented, standalone units and completed dirt-work for additional units behind. Alley access and private parking spots accommodate up to 12 vehicles, paving the path to bring this property to its highest potential. 5698 (left side unit) is a 2-bed/1-bath unit while 5696 (right side) is a 1/1 with a 200sqft storage area below and a partially finished 200sqft office above, plumbed for a bathroom. 600sqft shop can be used for storage or removed to put in additional units. 5698 built in 2004 + 5696 was finished in 2025. Both units in excellent shape, with LVP flooring, and are individually metered. Excellent current tenants, too. A rare, affordable opportunity for immediate rental income and significant development potential!

Location

State WA

County Whatcom

Area 870 - Ferndale/Custer

Interior

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Cement Planked, Wood

Garage Spaces 2.0

Amenities Available Cable TV, Outbuildings, RV Parking, Shop

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Alley, Dead End Street, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Central Elem

Middle Schools Vista Mid

High Schools Ferndale High

School District Ferndale

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Nearby School & Business

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+1(360) 201-0908

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