2074 Cottage Place
Ferndale, WA 98248
1172 sqft | 3 beds | 1.75 baths | 0.18 acres | #2319992
Description
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
- InteriorDouble Pane/Storm Window, Dining Room, Fir/Softwood, Water Heater
- Exterior FeaturesFenced-Fully, Gas Available, Outbuildings
- Lot DescriptionDead End Street, Paved
- Date ListedJanuary 08, 2025
- FoundationPoured Concrete
- Sewer InformationSewer Connected
- Style10 - 1 Story
- ViewTerritorial
- Property SubtypeResidential
- Property TypePurchase
- SubdivisionFerndale
- School DistrictFerndale
- Original List Price$590,000
- CountyWhatcom
- MLS #2319992
- MLS #2319992
- Property ConditionAverage
- Utility SourcePublic
- Taxes Annual$2,822
- Cost590000
- Structure TypeHouse
- Bathrooms1.75
- Exterior MaterialsWood
- Acres0.18
- Square Feet1172
- Year Built1951
- Bedrooms3
- Full Baths1
- 3/4 Baths1
- Days on Market (Cumulative)6
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-01-10 16:06:08. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Katie Sentinella (#NWM125292)
Listing Office: Keller Williams Western Realty (#NWM9978)
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.
