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Maynard Wagner

[email protected] +1(206) 369-8201

Listed by Keller Williams Western Realty

$ 575,000

Est. payment -/mo

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Contingent

2074 Cottage PL Ferndale, WA 98248

3 Beds

1.75 Baths

1,172 SqFt

UPDATED:

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

Lot Dimensions 120x69

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

Rooms

Basement None

Main Level Bedrooms 3

Interior

Interior Features Double Pane/Storm Window, Dining Room, Fir/Softwood, Water Heater

Flooring Softwood, Vinyl

Fireplace false

Appliance Disposal, Refrigerator(s), Stove(s)/Range(s)

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

Senior Community No

Acceptable Financing Cash Out, Conventional, FHA, VA Loan

Listing Terms Cash Out, Conventional, FHA, VA Loan

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"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Maynard Wagner

Team Leader

+1(206) 369-8201

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Seattle, WA

Maynard Wagner

2074 Cottage PL Ferndale, WA 98248

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2074 Cottage PL