2151 Washington Street
2151 Washington Street
Ferndale, WA 98248
$799,000
Price
6
Beds
3
Baths
2,763 Sq. Ft.
$289 / Sq. Ft.
2,763
Sq. Ft.
$289
per Sq. Ft.
Listing provided courtesy of Windermere Real Estate Whatcom
Description
Great opportunity to invest in a well cared for triplex within walking distance to Downtown Ferndale. Centrally located with quick access to I-5, shopping, restaurants, schools, and parks. All units offer a spacious layout with 2 bedrooms, 1 bath, in unit laundry, and shared storage. Each unit has one covered parking spot with an additional 4 uncovered parking spots to share. Current rents for units 1 & 2 are well below market value with potential to rent for $1,500-$1,650 a month. New roof in 2019...Great opportunity to invest in a well cared for triplex within walking distance to Downtown Ferndale. Centrally located with quick access to I-5, shopping, restaurants, schools, and parks. All units offer a spacious layout with 2 bedrooms, 1 bath, in unit laundry, and shared storage. Each unit has one covered parking spot with an additional 4 uncovered parking spots to share. Current rents for units 1 & 2 are well below market value with potential to rent for $1,500-$1,650 a month. New roof in 2019 and new deck for unit 3 added in 2021. Great rental history, location, and sunny corner lot make this a great investment, whether you're looking to start your portfolio or add to it.
- Listed by Luis Vasquez • Windermere Real Estate Whatcom
- Listed by Meagan Vasquez • Windermere Real Estate Whatcom
Property Details for 2151 Washington Street
Community Name
Ferndale
School DistrictFerndale
ViewTerritorial
Number of Assigned Spaces7
Total Covered Parking1
Entry Date04-25-2024
Energy SourceNatural Gas
SewerSewer Connected
Location
Listing Courtesy of Windermere Real Estate Whatcom![]()
Add your commute
LISTING UPDATED: 04/28/2024 10:37 AM
Property Details for 2151 Washington Street
| Status | Active |
|---|---|
| MLS # | 2228182 |
| Days on Market | 11 |
| Cumulative Days on Market | 10 |
| Taxes | $4,641 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1979 |
| Lot Size | 0.18 AC / 7,841 SF |
| County | Whatcom County |
Location
Listing Courtesy of Windermere Real Estate Whatcom![]()
Add your commute
Building Information for 2151 Washington Street
Stories2Residences3Year Built1979Building Size-Lot Size0.18 AC / 7,841 SF
Payment Calculator
$4,747 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,360
Property Taxes
$387
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 2151 Washington Street
Summary
Location and General Information
- Style: 53 - Tri-plex
- Site Features: Cable TV, Deck, Gas Available, High Speed Internet
- Area: 870 - Ferndale/Custer
- Elementary School: Central Elem
- Middle Or Junior School: Vista Mid
- High School: Ferndale High
- Directions: GPS
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 2.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Laminate, Carpet
- Features: Laminate, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Radiant
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 3552
- Power Company: Puget Sound Energy
- Sewer Company: City of Ferndale
- Water Company: City of Ferndale
- Power Production Type: Natural Gas
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- MLS Square Footage Source: Assessor
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 29
Lot Information
- Lot Details: Corner Lot, Paved, Sidewalk
- Lot Size Source: Assessor
- Parcel Number Free Text: 3902194950560000
- Calculated Square Footage: 2763
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2763.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 2
- Vacancy Rate: 1
- Number Of Units Total: 3
- Units Below Grade: false
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 10472
- Gross Adjusted Income: 45000
- Gross Rent Multiplier: 17.8
- Gross Scheduled Income: $45,000
- Insurance Expense: $2,279
- Net Operating Income: $34,528
- Other Expenses: $0
- Total Monthly Income: 3750
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 976
- Rent Unit 1: $1,125.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 976
- Rent Unit 2: $1,125.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 811
- Rent Unit 3: $1,500.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2763.0
- Leasable Area Units: Square Feet
Property History for 2151 Washington Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2151 Washington Street
Taxable ValueLand$215,349Additions$377,449Total$592,798
Tax Record2021$4,418 ($368 / month)
Home Facts
Total Finished SqFt2,763 SqFtAbove Ground SqFt2,763 SqFtUnfinished Basement Area312 SqFtLot Size7,841 SqFtStyleTriplexYear Built1978ZoningROCountyWHATCOMAPN390219 495056 0000
Schools near 2151 Washington Street
This home is within Ferndale School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Central Elementary School PublicPK to 5 | ||
Vista Middle School Public6 to 8 | ||
Windward High School Public9 to 12 | ||
Ferndale High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
Homes for Sale near Ferndale
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Windermere Real Estate Whatcom
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.