Active · Residential Income
7245 Kickerville Road , Ferndale, WA 98248
Ferndale, WA 98248
$1,600,000
— bedrooms · — bathrooms · 0 sq ft
Listing provided by eXp Realty · MLS #2518037 · Active
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About this property
Great Investment!! BRAND NEW SEPTIC!!! AND ONE bedroom apartment! This property brings in strong rental income with an 11% cap rate. 8 units are currently rented with agreements, giving you steady cash flow right away. Two mobile home, Tiny house, 2 bed apartment,7 Rv spots AND Shop/Office currently being used by owner) Plus, the 10 acre parcel can be divided into two 5-acre parcels(Buyers to verify) adding even more value. A rare chance to own a property that makes money now and has big potential for the future!
Property details
- Property type
- Multi Family
- Year built
- 2010
- Lot size
- 424,274 sq ft
- Association dues
- $0 · frequency not provided
- Annual property tax
- $6,228 (2024)
- Parking spaces
- 0
- School district
- Ferndale
Listings courtesy of Northwest MLS as distributed by MLS GRID.
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