2074 Cottage PL Save Request In-Person Tour Request Virtual Tour
Ferndale,WA 98248
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Contingent
Purchase Type For Sale
Square Footage 1,172 sqft
Price per Sqft $490
Subdivision Ferndale
MLS Listing ID 2319992
Style 10 - 1 Story
Bedrooms 3
Full Baths 1
Year Built 1951
Annual Tax Amount $2,822
Lot Size 7,841 Sqft
Property Sub-Type Residential
Property Description
Welcome to this updated 3-bed, 2-bath home, just shy of 1,200 sq. ft., offering a fully remodeled 320 sq. ft. ADU with 1 bed, 1 bath home. Perfect for guests, rental income, or extended living, the ADU has been meticulously renovated down to the studs with high-quality finishes and contemporary design. With multifamily zoning, this property offers an incredible opportunity to expand with an additional 2-5 units. For those considering rental income, the projected rent is approximately $2,400/month for the main house and $1,200/month for the ADU, resulting in a competitive 5.85% cap rate if fully rented. Whether you're looking for a move-in-ready home with income potential or an investment property with room to grow, this is the one!
Location
State WA
County Whatcom
Area 870 - Ferndale/Custer
Interior
Flooring Softwood,Vinyl
Exterior
Exterior Feature Wood
Amenities Available Fenced-Fully,Gas Available,Outbuildings
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Dead End Street,Paved
Story One
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Ferndale
Others
Acceptable Financing Cash Out,Conventional,FHA,VA Loan
Listing Terms Cash Out,Conventional,FHA,VA Loan
Virtual Tour https://app.brivity.com/listings/2074-cottage-pl-ferndale-wa-98248-6d32d695-deb2-466e-be0a-2c71f7b64d1b/tour?unbranded=true