Views - New Construction
Listed By:
John L. Scott Bellingham and NWMLS
2024 - 2040 Salam Loop, Ferndale, WA
$ 3,120,000
Property Attributes
  • ID#2066426
  • TypeSingle Family
  • CountyWHATCOM
  • CityFerndale
  • AreaFerndale-Custer
  • NeighborhoodFerndale
  • Zip98248
  • StyleTownhouse
  • Year Built2022
  • Taxes$ 5560
  • Price$ 3,120,000
  • Bedrooms8
  • Full Bathrooms8
  • Half Bathrooms8
  • Sqr Footage8000
  • Lot Size11,326 SqFt
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Incredible turn-key investment opportunity on the edge of downtown Ferndale! 8 brand new construction zero lot line townhomes (2, 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 feature heat pumps w/AC. Private washer/dryers. Leases are getting signed and low fee property management company is available to facilitate everything. Also ideal for those that want to live 1 unit & rent the rest. Building improvements have 10 year tax exemption, so very low expenses and nearly 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
5/10/2023 Listed $3,120,000

General Features

Appliances Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
Basement None
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 2034 Salam Loop.
Entry Location Main
Exterior Features Cement Planked
Garage Spaces 8
Garage Y/N Yes
High School Ferndale High
High School District Ferndale
Interior Features Double Pane/Storm Window, Water Heater
Land Lease Y/N No
Levels Multi/Split
Lot Size Square Feet 11326
MLS Area 870 - Ferndale/Custer
New Construction Yes
Possession Tenant's Rights
Property Style 32 - Townhouse
Property SubType Residential
Property Type Residential
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 5560
Tax Year 2023
Terms Cash Out, Conventional, FHA, See Remarks, State Bond, USDA Loan, VA Loan
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
Bathrooms 12
Baths Full Upper 8
Baths Half Main 8
Bedrooms Possible 8
Bedrooms Upper 8
Fireplace Y/N No
Flooring Vinyl, Vinyl Plank
Full Baths 8
Furnished Y/N Unfurnished
Half Baths 8
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Loop
Total Baths 16
Total Bedrooms 8
Water Heater Location Half Bath
Water Heater Type Electric

Exterior Features

Attached Garage Yes
Living Area 8000
Building Area Total 8000
Covered Spaces 8
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 0.26
Lot Size Units Square Feet
Open Parking Y/N No
Parking Features Attached Garage
Site Features Cable TV, Deck, High Speed Internet
Total Parking 8
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 $790K
AVG $3,634
AVG 146
Year Built
AVG 1994