5756 Legoe Lane

    Ferndale, WA 98248
    • $1,100,000
    • STATUS: Active
    • ON SITE: 147 days
    • ID#: 1489899
    $1,100,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,100
      SQFT
    • $268
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2008
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Muljat Group.

    Description

    Newer four-plex in Ferndale. Each unit has 3 bedrooms, 2 full bathrooms, a good-sized kitchen, dining room, and living room. Large porch area in front gives nice outdoor living space. Each unit has a covered parking space in front of the complex. Good, solid tenants have kept this building consistently rented. Rents have been low and there is room to bring to market rents.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Mosaic Home Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-12-12T00:14:54.187.

    www.mosaichomegroup.com/homes/97011670

    5756 Legoe Lane Ferndale, WA 98248

    • Price: $1,100,000
    • Status: Active
    • ID#: 1489899
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    4,100
    SQFT
    $268
    $/SQFT
    2008
    Built
    Neighborhood:
    Ferndale
    County:
    Whatcom
    Area:
    Ferndale/Custer
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Ferndale High
    School District:
    Ferndale
    Property Description
    Newer four-plex in Ferndale. Each unit has 3 bedrooms, 2 full bathrooms, a good-sized kitchen, dining room, and living room. Large porch area in front gives nice outdoor living space. Each unit has a covered parking space in front of the complex. Good, solid tenants have kept this building consistently rented. Rents have been low and there is room to bring to market rents.
    Exterior Features

    Building Condition Good Carport Spaces 4 Exterior Metal/Vinyl Foundation Poured Concrete Garage Spaces 0 Lot Details CurbsPaved StreetSidewalk Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 6 Uncovered Spaces 2

    Interior Features

    Floor Covering Laminate HardwoodVinylWall to Wall Carpet Heating And Cooling Wall Unit1 Bathrooms 2.00 Unit1 Bedrooms 3 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 980 Unit1 Washer Dryer Y Unit2 Bathrooms 2.00 Unit2 Bedrooms 3 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 980 Unit2 Washer Dryer Y Unit3 Bathrooms 2.00 Unit3 Bedrooms 3 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 980 Unit3 Washer Dryer Y Unit4 Bathrooms 2.00 Unit4 Bedrooms 3 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 980 Unit4 Washer Dryer Y Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 4.55 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Residential Gross Adjusted Income 60000 Gross Rent Multiplier 18 Gross Scheduled Income 60000 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1169 Leased Items None Net Operating Income 49946 New Construction YN No Other Expenses 1832 Possession Sub. Tenant's Rights Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Ferndale Site Features Cable TVHigh Speed Internet Tax Amount 4965 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 10054 Total Expenses TEX 10054 Total Monthly Income 5000 Unit1 Monthly Rent 1300 Unit2 Monthly Rent 1200 Unit3 Monthly Rent 1300 Unit4 Monthly Rent 1200 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company City Of Ferndale Water Sewer Garbage 2088 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Mosaic Home Group and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Mosaic Home Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-12-12T00:14:54.187.

     
    Mosaic Home Group
    7525 28th St W
    University Place WA, 98466
    Listing Courtesy of Muljat Group.