1655 Main Street

Ferndale, WA 98248

$16,600,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

New construction multifamily property completed in April of 2024. This shiny new 66-unit building has 38 studios, 12 loft studios, 4 live/work studios, 2 live/work two-bedroom, 6 two-bedroom, 4 two-bedroom lofts, and 70 parking spaces. The property is in Ferndale, just a few minutes from Bellingham, next to the WTA Bus Depot and Kid’s World Early Learning Center. Ferndale’s demand for new apartment units was off the charts for this property. Each unit has air conditioning, stack washer/dryers, laminate...New construction multifamily property completed in April of 2024. This shiny new 66-unit building has 38 studios, 12 loft studios, 4 live/work studios, 2 live/work two-bedroom, 6 two-bedroom, 4 two-bedroom lofts, and 70 parking spaces. The property is in Ferndale, just a few minutes from Bellingham, next to the WTA Bus Depot and Kid’s World Early Learning Center. Ferndale’s demand for new apartment units was off the charts for this property. Each unit has air conditioning, stack washer/dryers, laminate flooring, large windows, and efficient floor plans. The building design boasts spacious common areas that are enjoyed by the tenants. Professionally managed by PCR.
  1. Listed by KC Coonc • Pacific Continental Realty LLC

Property Details for 1655 Main Street

Community Name
Ferndale
School District
Ferndale
Number of Assigned Spaces
70
Total Covered Parking
0
Entry Date
11-21-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/25/2024 09:45 AM

Property Details for 1655 Main Street

StatusActive
MLS #2312468
Days on Market34
Cumulative Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size1.41 AC / 61,567 SF
CountyWhatcom County

Building Information for 1655 Main Street

Stories3Residences-Year Built2024Building Size-Lot Size1.41 AC / 61,567 SF

Property Information for 1655 Main Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Area: 870 - Ferndale/Custer
  • Effective Year Built Source: See Remarks
  • Directions: Exit 262 heading north, take left at light, head east, property on right about 200 yards from intersection.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 70.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • New Construction: Completed
  • Amenities: See Remarks
  • Cooling: Yes
  • Cooling: Ductless HP-Mini Split
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless HP-Mini Split
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition, Metal
Property
Utilities
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: Yes
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • Estimated Completion Date: 2024-04-15
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2024
  • Photos Count: 10
Lot Information
  • Lot Size Source: City
  • Parcel Number Free Text: 3902280915210000
  • Building Condition: Very Good
  • Calculated Square Footage: 0
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 70
  • Number of Stories in Building: 3
  • Number Of Units Total: 0
  • Units Below Grade: false
  • Units In Building Total: 66
Financing / Income and Expenses
  • Total Monthly Income: 99480
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 39226.0
  • Leasable Area Units: Square Feet

Property History for 1655 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1655 Main Street

This home is within Ferndale School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cascadia Elementary School
PublicK to 5

Vista Middle School
Public6 to 8

Windward High School
Public9 to 12

Ferndale High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1655 Main Street is a multi-family home for sale in Ferndale, WA 98248. This property was listed for sale on November 21, 2024 by Pacific Continental Realty LLC, it's currently listed at $16,600,000. This listing's school district is Ferndale School District. Nearby schools include Cascadia Elementary School, Vista Middle School and Windward High School. 1655 Main Street is a 0-bed, 0-bath, multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pacific Continental Realty LLC

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.