Bought with Keller Williams Western Realty
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2074 Cottage PL Ferndale, WA 98248
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Key Details
Sold Price $545,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,172 sqft
Price per Sqft $465
Subdivision Ferndale
MLS Listing ID 2319992
Sold Date 06/13/25
Style 10 - 1 Story
Bedrooms 3
Full Baths 1
Year Built 1951
Annual Tax Amount $2,822
Lot Size 7,841 Sqft
Lot Dimensions 120x69
Property Sub-Type Single Family Residence
Property 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!
Location
State WA
County Whatcom
Area 870 - Ferndale/Custer
Rooms
Basement None
Main Level Bedrooms 3
Interior
Interior Features Double Pane/Storm Window, Dining Room, Water Heater
Flooring Softwood, Vinyl
Fireplace false
Appliance Disposal, Refrigerator(s), Stove(s)/Range(s)
Exterior
Exterior Feature Wood
Amenities Available Fenced-Fully, Gas Available, Outbuildings
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Dead End Street, Paved
Story One
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Ferndale
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, VA Loan
Listing Terms Cash Out, Conventional, FHA, VA Loan
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