Open House Sun, Dec 10th 01:00 PM - 03:00 PM
Listed By:
John L. Scott Bellingham and NWMLS
2009 - 2047 Salam Loop, Ferndale, WA
$ 4,650,000
Property Attributes
  • ID#2145664
  • TypeSingle Family
  • CountyWHATCOM
  • CityFerndale
  • AreaFerndale-Custer
  • NeighborhoodFerndale
  • Zip98248
  • StyleTownhouse
  • Year Built2022
  • Taxes$ 8340
  • Price$ 4,650,000
  • Bedrooms18
  • Full Bathrooms9
  • Half Bathrooms9
  • Sqr Footage12000
  • Lot Size0.39 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Incredible turn-key investment opportunity on the edge of downtown Ferndale! 12 brand new construction zero lot line townhomes (3, 4 unit buildings) 2 beds 1.5 baths, 2 decks & deep (1.5 car) garage. Space for a car, plus workshop/storage in back. Highly efficient units features heat pumps w/AC. Private washer/dryers. Leases are signed & property management company is available to manage everything.Building improvements have 8-year tax exemption, so very low expenses. This is new construction with over a 6% cap rate! Versatile investment as these can sell as separate units. Walking distance to parks, schools, downtown & close to I-5 access.

High School
Ferndale High
Price History
8/2/2023 Listed $4,800,000
10/20/2023 4% - $4,650,000

General Features

Appliances Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
Attached Garage Yes
Building Area Units Square Feet
Carport Y/N No
City Ferndale
County Whatcom
Directions East on Main Street in Ferndale, turn right (north) in front of Ace Hardware, then left on Salam Loop. Show 2015 Salam Loop.
Entry Location Main
Exterior Features Cement Planked
Garage Spaces 12
Garage Y/N Yes
High School Ferndale High
High School District Ferndale
Interior Features Wall to Wall Carpet, Double Pane/Storm Window, Water Heater
Land Lease Y/N No
Levels Multi/Split
Listing Terms Cash Out, Conventional, FHA, See Remarks, State Bond, USDA Loan, VA Loan
Lot Size Square Feet 16989
MLS Area 870 - Ferndale/Custer
New Construction Yes
Possession Tenant's Rights
Property Condition Under Construction
Property Style 32 - Townhouse
Property SubType Residential
Property Type Residential
Public Remarks Incredible turn-key investment opportunity on the edge of downtown Ferndale! 12 brand new construction zero lot line townhomes (3, 4 unit buildings) 2 beds 1.5 baths, 2 decks & deep (1.5 car) garage. S
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Salam
Structure Type Townhouse
Subdivision Name Ferndale
Tax Annual Amount 8340
Tax Year 2023
Topography Level
View City, Territorial
View Y/N Yes
Water Company City of Ferndale
Waterfront Y/N No
Year Built 2022

Interior Features

Air Conditioning Y/N Yes
Basement None
Bathrooms 13.5
Baths Full Upper 9
Baths Half Upper 9
Bedrooms Possible 18
Bedrooms Upper 18
Fireplace Y/N No
Flooring Vinyl Plank, Carpet
Full Baths 9
Half Baths 9
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Loop
Total Baths 18
Total Bedrooms 18
Water Heater Location Half Bath
Water Heater Type Electric

Exterior Features

Living Area 12000
Building Area Total 12000
Covered Spaces 12
Foundation Details Poured Concrete
Inclusions Dishwasher, Dryer, GarbageDisposal, Microwave, Refrigerator, StoveRange, Washer
Irrigation Water Rights Y/N No
Lot Features Dead End Street, Paved
Lot Size Acres 0.39
Lot Size Units Square Feet
Open Parking Y/N No
Parking Features Attached Garage, Off Street
Site Features Cable TV, Deck, High Speed Internet
Total Parking 12
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 98248

AVG $760K
AVG $3,927
AVG 216
Data Provided by Inside Real Estate®
Year Built
AVG 2001

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