MLS #2439236 / Listing provided by NWMLS & HomeSmart One Realty.
$1,525,000
1825 Eastgate Loop
Ferndale,
WA
98248
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: Yes
Parking
- Parking Total: 8
- Uncovered Parking Spaces: 0
- Open Parking Spaces: 0
Structure
- Roof: Composition
- Exterior Features: Cement Planked
- Foundation: Poured Concrete
Lot Details
- Lot Features: Paved
- Acres: 0.24
- Foundation: Poured Concrete
Schools
- High School District: Ferndale
Lot Details
- Lot Features: Paved
- Acres: 0.24
- Foundation: Poured Concrete
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water Source: Public
- Water, Sewer, and Garbage: 0

Sharon Orgill
Broker | REALTOR®
Send Sharon Orgill an email