NEW! Buy and sell safely with virtual options - Learn More
About the Listing 9947 - 45520
Live in One, Rent the Other Two | MXD Zoned Triplex! Mixed Use (MXD) zoned multifamily opportunity in Ferndale offering current rental income with future development potential. Located minutes from schools, parks (lots of green space, off lease dog friendly & peaceful paths along the winding picturesque Nooksack River at VanderYacht Park's urban oasis, super close w/9-hole disc golf course & sports courts) plus all the downtown amenities. This tri-plex is situated on a 16,117 sq ft non-conforming MXD lot and is NOT located in a flood zone. The property includes a 1964-built rambler duplex (1,560 sq ft total) with two occupied 2-bedroom, 1-bath units (780 sq ft each) with 2026 updates and repairs completed. A separate single-story 1-bedroom, 1-bath home (702 sq ft) is currently vacant, to be remodeled if desired opportunity for a buyer to complete improvements prior to occupancy or demo'd and RE-VISIONED. Well-suited for an owner-occupant approach: improve the detached home, then move into a finished residence while maintaining rental income from the duplex units. Two 2-bedroom units offer consistent income potential to offset ownership costs. MXD zoning may allow additional development potential, including possible ADU or additional units (buyer to verify with City of Ferndale). Tenants benefit from three covered parking spaces with additional storage. Tenants pay garbage, electricity, and natural gas. Owner currently pays water, sewer, and yard care.
Listing Highlights
Status
Active
Days on Site
40
Property Type
Residential
MLS ®
2483272
Year Built
1964
Total Square Footage
2,262
Lot/Acreage
0.37
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances: Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dryer(s), Refrigerator(s), Washer(s)
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Laminate,Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Water Heater,Master on Main
- Water: City of Ferndale
Exterior Details
- Lot Description: Corner Lot,Built On Lot,Cable TV,Fenced-Partially,Gas Available,High Speed Internet,RV Parking
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof: Composition
- Others: Wood,Fair
- Sewer: City of Ferndale
- Parking Features: Attached Carport,Driveway,Off Street,RV Parking
Financial Details
- Tax Amount: $4,115
- Taxes w/Assessments: N/A
- Tax/Property ID: 390220214203
- Tax Year: 2026
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1954 Eaton Avenue 1-3 Ferndale, WA 98248
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
