All homes

$3,500,000

2002 2008 Cherry Street

Ferndale, WA 98248

Active
River view

Beds

Baths

Sq Ft

Lot

0.27 ac

Year built

2018

Type

Residential Income

Days listed

MLS #

2572813

About this home

ONE-OF-A-KIND BOARDWALK/RIVERFRONT 8-PLEX! Rare opportunity to own two separate 4-plexes offered together as an exceptional 8-unit multifamily property in the heart of Ferndale. Centrally located alongside the Boardwalk and river, next to the park and close to restaurants, schools, shopping, and other amenities. Each spacious unit is approximately 1,800 sq. ft. with 4 bedrooms and 3 bathrooms, plus large balconies/decks offering beautiful river and mountain views. Additional features include easy-care laminate flooring, walk-in closets and covered parking beneath the units. A STANDOUT FEATURE IS THE ATTACHED MOTHER IN LAW SUITE IN EVERY UNIT, CONNECTED BY DOUBLE DOORS. This unique and versatile space offers exceptional flexibility for multigenerational living, guests, a home office or potential additional income. With spacious floor plans, covered parking and an incredible riverfront setting, this property offers far more than a traditional multifamily investment. Two 4-plexes, eight spacious units and a truly one-of-a-kind boardwalk/riverfront location make this a rare Ferndale opportunity!

Exterior features

Cement/ConcreteWood Products

Schools

High

Ferndale High

Property details

Heating
Wall Furnace
Cooling
None
Flooring
Vinyl Plank
View
River
Lot
Alley, Paved, Secluded
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$24,915 (2025)

Estimate your monthly payment

$19,774/mo

Principal & interest
$17,698
Property taxes
$2,076
Loan amount $2,800,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Ferndale, WA 98248

Approximate location. Contact us to confirm the exact address.

Listing courtesy of RE/MAX Whatcom County, Inc.— Lilia Orlova.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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