1848 Eastgate Loop
Ferndale, WA 98248
5616 sqft | 0.23 acres | #2360799
Description
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.
Property Details
- Lot DescriptionCorner Lot, Cul-De-Sac, Dead End Street, Paved
- Exterior MaterialsCement Planked, Wood
- Sewer InformationSewer Connected
- Date ListedApril 18, 2025
- Elementary SchoolCascadia Elem
- High SchoolFerndale High
- Property SubtypeMulti Family
- ViewTerritorial
- Style54 - 4-Plex
- Original List Price$1,625,000
- Structure TypeQuadruplex
- Middle SchoolVista Mid
- Property ConditionVery Good
- InteriorLaminate
- SubdivisionFerndale
- School DistrictFerndale
- CountyWhatcom
- Taxes Annual$10,465
- MLS #2360799
- Cost1575000
- MLS #2360799
- Utility SourcePublic
- Acres0.23
- Square Feet5616
- Year Built2020
- FoundationSlab
- Hoa Fees480
- Days on Market (Cumulative)48
- Stories3
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-05-30 00:28:11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last Updated:Â . Source: NWMLS
Listing Courtesy
Listing Agent: Kyle H. Martin (#NWM119275)
Listing Office: Muljat Group (#NWM9838)
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