2074 Cottage Place, Ferndale, WA 98248 | MLS 2319992 | Listing Information | Gateway Real Estate
FOR SALE
$575,000
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2074 Cottage Place
Ferndale, WA 98248

Single Family
Residential
3
Beds
1
Baths
+
1 Three Qtr
1,172
Sq. Ft.
0.18
Acre Lot
Courtesy: Keller Williams Western Realty

Description for 2074 Cottage Place Ferndale, WA 98248

Gateway Real Estate> Washington> Ferndale> 98248
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!

Property Details

2319992
Residential - Single Family, 1 Story
3
1 Full/1 Three-Qtr
1951
Whatcom
0.18 Acres
Public
1
Wood
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Courtesy: Keller Williams Western Realty
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