$16,600,000
For Sale

1655 Main Street

Ferndale, WA 98248
Listing OfficePacific Continental Realty LLC
Browse 10 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

New construction multifamily property completed in April of 2024. This shiny new 66-unit building has 38 studios, 12 loft studios, 4 live/work studios, 2 live/work two-bedroom, 6 two-bedroom, 4 two-bedroom lofts, and 70 parking spaces. The property is in Ferndale, just a few minutes from Bellingham, next to the WTA Bus Depot and Kid’s World Early Learning Center. Ferndale’s demand for new apartment units was off the charts for this property. Each unit has air conditioning, stack washer/dryers, laminate flooring, large windows, and efficient floor plans. The building design boasts spacious common areas that are enjoyed by the tenants. Professionally managed by PCR.

  • Property Details
      • Date ListedNovember 21, 2024
      • Sewer InformationSewer Connected
      • Exterior MaterialsCement Planked
      • Style56 - 10+ Units
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Original List Price$16,600,000
      • Property ConditionVery Good
      • SubdivisionFerndale
      • School DistrictFerndale
      • Cost16600000
      • CountyWhatcom
      • MLS #2312468
      • MLS #2312468
      • Acres1.4134
      • Year Built2024
      • Days on Market (Cumulative)31
      • Stories3
Paul KogelmannReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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