2055-2059 Salam Loop, Ferndale, WA 98248

Almost new tri-plex (completed 2022) in amazing location, tucked back off the main road but on the edge of downtown Ferndale, walking distance to parks, schools & all downtown amenities. This tri-plex is individual single-family zero lot line townhomes, giving you the flexibility to sell either unit separately at any time. Both homes include 2 car garages, energy efficient heat pump w/AC upstairs, and a flexible floor plan with a bedroom/bath & bonus space on main floor, then 2 bed 2 baths upstairs. Current rents offer a 5.7% cap but pro-forma rate increases in spring brings cap over 6.0%. Low maintenance, no dues & tax exemption on building thru 2032! Listed as individual units as well.