$ 1,546,000 $ 1,575,000 1.8%

1848 Eastgate LOOP

Ferndale, WA 98248

  • 5,616 SqFt
  • 10,019 Lot Size
  • 2020 Year Built
Modern 4-plex built in 2020 with strong rental history, low vacancy, and high-end finishes throughout. Each unit features quartz countertops, soft-close cabinets, stainless steel appliances, and LVP flooring. Second level offers an open layout with kitchen, private deck, living room, and half bath. All bedrooms and laundry are on the top floor; primary suite includes ensuite bath and walk-in closet. Ground floor includes a full-size 2-car garage that has has extra room for storage, including exterior access door. Turnkey investment in a prime location with 6.43%CAP / 13.67 GRM. A rare opportunity with reliable cash flow and minimal maintenance.
Listed by Muljat Group , Sold By MJB Real Estate Group

PROPERTY DETAIL

  • Key Details

    Sold Price $1,546,000

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 5, 616 sqft

    Price per Sqft $275

    Subdivision Ferndale

    MLS Listing ID 2360799

    Style 54 - 4-Plex

    HOA Fees $40/ann

    Year Built 2020

    Annual Tax Amount $10,465

    Lot Size 10,019 Sqft

    Property Sub-Type Multi Family

  • Location

    State WA

    County Whatcom

    Area 870 - Ferndale/Custer

  • Building

    Lot Description Corner Lot, Cul-De-Sac, Dead End Street, Paved

    Sewer Sewer Connected

    Water Public

    New Construction No

  • Interior

    Flooring Laminate, Vinyl Plank, Carpet

  • Exterior

    Exterior Feature Cement Planked, Wood

    View Y/N Yes

    View Territorial

    Roof Type Composition

  • Schools

    Elementary Schools Cascadia Elem

    Middle Schools Vista Mid

    High Schools Ferndale High

    School District Ferndale

  • Others

    Acceptable Financing Cash Out, Conventional, VA Loan

    Listing Terms Cash Out, Conventional, VA Loan

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