Property Details
7245 Kickerville Road
Ferndale, WA 98248
$1,600,000
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Property Overview
Great Investment!! BRAND NEW SEPTIC!!! This property brings in strong rental income with an 11% cap rate. 8 units are currently rented with agreements, giving you steady cash flow right away. Two mobile home, Tiny house, 2 bed apartment,7 Rv spots AND Shop/Office currently being used by owner) Plus, the 10 acre parcel can be divided into two 5-acre parcels(Buyers to verify) adding even more value. A rare chance to own a property that makes money now and has big potential for the future!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Whatcom
Neighborhood
Ferndale
Listed
May 20, 2026
Structure Type
Multi Family
Parcel Number
3901054744600000
Tax & HOA
Annual Property Tax
$6,228 (2024)
Est. Monthly Tax
$519/mo
Financial Summary
Cap Rate
11.00%
Net Operating Income
$168,642
Gross Scheduled Income
$197,400
Gross Rent Multiplier
7.60
Total Expenses
$22,836
Vacancy Rate
3.0%
Building & Use
Building Sq Ft
2,523
Total Units
6
Zoning
Residential
Possible Use
Residential
Lot Size
9.74 acres
Year Built
2010
Exterior & Lot
Lot Size
9.74 sqft
Year Built
2010
Garage
3 spaces
Exterior Materials
Wood
Parking
RV Parking
Sewer
Septic Tank
Water Source
Community
Lot Features
Open Space
Exterior Features
Wood Products
Community & Access
Directions
rom Grandview rd go north on Kickerville. Property on the left.
Location
City
Ferndale
County
Whatcom
Coordinates
48.90460, -122.70700
Additional Information
Tax Year
2024
Annual Taxes
$6,228
Possession
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