MLS #2507681 / Listing provided by NWMLS & Windermere Real Estate Whatcom.
$649,744
5698 2nd Avenue
Ferndale,
WA
98248
Year Built
Incredible investment opportunity in Ferndale! Tucked at the end of a dead-end street and close to schools, parks, and downtown, this duplex sits on a lot zoned for up to SIX units, providing cash flow now and tons of future upside. Site features two fully rented, standalone units and completed dirt-work for additional units behind. Alley access and private parking spots accommodate up to 12 vehicles, paving the path to bring this property to its highest potential. 5698 (left side unit) is a 2-bed/1-bath unit while 5696 (right side) is a 1/1 with a 200sqft storage area below and a partially finished 200sqft office above, plumbed for a bathroom. 600sqft shop can be used for storage or removed to put in additional units. 5698 built in 2004 + 5696 was finished in 2025. Both units in excellent shape, with LVP flooring, and are individually metered. Excellent current tenants, too. A rare, affordable opportunity for immediate rental income and significant development potential!
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Parking Total: 14
- Total Uncovered Parking Spaces: 12
Structure
- Roof: Composition
- Exterior Features: Cement/Concrete, Wood
- Foundation: Block
Lot Details
- Acres: 0.4
- Foundation: Block
Lot Details
- Acres: 0.4
- Foundation: Block
Power
- Energy Source: Electric
- Power Company: Puget Sound Energy
Water, Sewer, and Garbage
- Sewer Company: City of Ferndale
- Sewer: Sewer Connected
- Water Company: City of Ferndale
- Water Source: Public
- Water, Sewer, and Garbage: 0
Debbie Burk
Broker | REALTOR®
Send Debbie Burk an email