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Listing Firm: Muljat Group: Kyle H. Martin

Active
NWMLS # 2360799

1848 Eastgate Loop , Ferndale, WA 98248

Listings with the three tree icon are courtesy of NWMLS

About This Property

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 6.23%CAP / 14.1 GRM. A rare opportunity with reliable cash flow and minimal maintenance.

Aris360 Last Checked: 1 Minute Ago (May 22, 2025 01:46 PM)

  • Source: NWMLS as Distributed by MLS Grid #2360799

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Eastgate
  • Zip/Postal Code: 98248
  • City: Ferndale

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$3,847 per month
Principal & Interest
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Property Taxes

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Loan Detail

Interest Rate

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Property Features

  • County
    • Ferndale
  • Community
    • 870 - Ferndale/Custer
  • MLS Area
    • 870 - Ferndale/Custer
  • Longitude
    • -122.583792
  • Latitude
    • 48.865297
  • Project
    • East Gate
  • Directions
    • I-5N-Portal Wy Exit#263. Right/NE onto Portal Wy. Right on Eastgate Loop and then left.

  • Interior
    • Laminate
    • Laminate Hardwood
    • Wall to Wall Carpet
  • Floors
    • Laminate
    • Vinyl Plank
    • Carpet
  • Power Production Type
    • Electric

  • Stories
    • 3
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 8
  • Lot Description
    • Corner Lot,
    • Cul-De-Sac,
    • Dead End Street,
    • Paved,
  • Foundation
    • Slab,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Cement Planked
    • Wood
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Covered Spaces
    • 8
  • Condition
    • Very Good,
  • Water
    • City of Ferndale
  • Building Total Area (Sq. Ft.)
    • 10019
  • Has View
    • Yes
  • View Description
    • Territorial,

  • High School District
    • Ferndale
  • Jr. High School
    • Vista Mid
  • Elementary School
    • Cascadia Elem
  • High School
    • Ferndale High

  • Possession
    • Tenant's Rights,
    • Subject to Tenant Rights,
  • Association Fee
    • 480
  • Property Type
    • Residential Income
  • Association Fee Frequency
    • Annually
  • Property SubType
    • Multi Family
  • Tax Year
    • 2025
  • Structure Type
    • Condominium,
  • Tax Amount
    • $10465.73
  • Year Built
    • 2020
  • Status
    • Active
  • Project
    • East Gate

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Disclaimer: Based on information submitted to the MLS GRID as of Thu May 22 2025 . 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.

May 22, 2025 01:46 PM