2284 Douglas Rd $412,500

    Close

    2284 Douglas Rd Ferndale, WA 98248

    • 0.75 Acres
    • Commercial/Industrial
    Listing# 1355970
    SOLD 4/5/2019

    $412,500

    Days On Market: 11 0 Views
    Add to Favorites Share

    Property Details

    Investor Alert: Income and future development opportunity! Ferndale RMM zoning permits between 8-22 units. Surrounded by very nice multifamily neighborhood level and private. All services in the street. Collect rent while you permit your multifamily project. Home is rented and a nice 4 bed 1.75 bath with a large 2 car garage in an area designated for multifamily. One of the best parcels in Ferndale for development and income is a bonus. Bring your vision! Easy access to all services.

    • General Features
      • County Whatcom
      • Zoning Class Multi-Family
      • Zoning Jurisdiction City
      • Style 60-Comm Bldg Und 10K
      • Approx Building SqFt 2,348
      • Approx Whse/Mfg SqFt 0
      • Approx Office SqFt 0
      • Total Uncovered Parking 0
      • Total Covered Parking 2
      • Lot Dimensions see documents
    • Building Features
      • Exterior Wood
      • Foundation Poured Concrete
      • Roof Composition
      • Floor Covering Vinyl, Wall-to-Wall Carpet
      • Heating and Cooling Forced Air
    • Property Features
      • Lot Square Footage 32,670
      • Depth of Lot 339
      • Site Frontage 100
      • Expansion Area N
      • Environment Survey N
      • Water-Sewer-Garbage 0
      • Sewer Sewer Connected
      • Sewer Company City of Ferndale
      • Energy Source Electric, Natural Gas
      • Power Company Puget Sound Energy
      • Number of Available Pads 0
    • Financials
      • Vacancy Rate 0
      • Total SqFt Rented 2,350
      • Total Monthly Rent $1,550
      • Gross Rent Multiplier 0
      • Cap Rate -NOI div LP 0.00
      • Gross Scheduled Income $18,600
      • Gross Adjusted Income $18,600
      • Total Expenses $3,357
      • NOI $15,243
      • Electrical Expenses $0
      • Tax Expense $2,757
      • Heating Expense $0
      • Insurance Expense $600
      • Annual Assoc. Dues $0
      • Other Expenses $0
      • Tax Year 2017

    Neighborhood

    98248 (Ferndale) Demographics

    38Median Age
    327Population Density (per sq. mile)
    36%College Educated
    $62,251 Estimated Median Income
    6,235Estimated Total Home Owners
    2,267Estimated Total Renters
    73% / 27%Estimated Owner / Renter Divide
    0Estimated Average Household Size
    23,163Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $392,995 Median Sales Price
    34 Homes Sold
    66 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $449,000 8.85%
        4/5/2019 12:00:00 AM Sold Source New Value: $412,500 -2.94%
        1/14/2019 1:31:24 PM Status Changed Source New Value: Pending
        11/5/2018 4:21:20 PM Price Reduced Source New Value: $425,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment

        This property search is part of the RE/MAX Pacific Northwest website. Listing information is courtesy of the WA-NWMLS and RE/MAX Pacific Northwest. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.