1825 Eastgate Loop Ferndale, WA 98248
1825 Eastgate Loop
Ferndale, WA 98248
$1,525,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Ferndale
4-Plex
View: Territorial
Exterior: Cement Planked
Roof: Composition
Year Built: 2020
HOA Dues: $850
2025 Taxes: $10470.00
Buyer Broker Comp.: 2%
Listing #: 2439236
Lot Details
Lot Size: 0.24 acres
Paved
No. of Units: 4
Interior
Cooling: Ductless HP-Mini Split
Heating: Ductless HP-Mini Split
Electric
Schools
District: Ferndale
Call or Email:
Grace Wamwere
What's Near 1825 Eastgate Loop Ferndale, WA 98248?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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Courtesy of HomeSmart One Realty
