WA > Ferndale > Ferndale
Ferndale, WA 98248,1825 Eastgate LOOP
Ferndale, WA 98248,1825 Eastgate LOOP
Ferndale, WA 98248,1825 Eastgate LOOP
Ferndale, WA 98248,1825 Eastgate LOOP
Ferndale, WA 98248,1825 Eastgate LOOP
Ferndale, WA 98248,1825 Eastgate LOOP
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Darren Johnson

Darren Johnson

+1(360) 778-9044
Listed by HomeSmart One Realty
$ 1,525,000
Est. payment | /mo

12 Beds

10 Baths

5,616 SqFt

Save
$ 1,525,000
Est. payment | /mo
Save

12 Beds

10 Baths

5,616 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,616 sqft

Price per Sqft $271

Subdivision Ferndale

MLS Listing ID 2439236

Style 54 - 4-Plex

Bedrooms 12

HOA Fees $850/ann

Year Built 2020

Annual Tax Amount $10,470

Lot Size 10,454 Sqft

Property Sub-Type Multi Family

Property Description

Modern 4-plex investment built in 2020 with excellent rental history and low vacancy. Designed with durability and style, each unit includes quartz countertops, soft-close cabinetry, stainless steel appliances, and luxury vinyl plank flooring. The main living level offers an open-concept kitchen and living room, half bath, and private deck. Upstairs, all bedrooms and laundry are conveniently located, with the primary suite featuring a walk-in closet and ensuite bath. Ground level provides a full two-car garage with additional storage space and exterior access. With reliable cash flow, minimal maintenance, and strong tenant demand, this turnkey property is performing at a 5.9% CAP rate (more if self managed) and 13.59 GRM.

Location

State WA

County Whatcom

Area 870 - Ferndale/Custer

Interior

Flooring Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Ferndale

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, VA Loan

Listing Terms Cash Out, Conventional, VA Loan

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Darren Johnson
Darren Johnson

+1(360) 778-9044

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1825 Eastgate LOOP