1848 Eastgate Loop, Ferndale, WA 98248 (MLS # 2360799)
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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. Ground floor includes a 2-car garage. 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. Turnkey investment in a prime location with 6.2%CAP / 14.18 GRM. A rare opportunity with reliable cash flow and minimal maintenance.
| LAST UPDATED | 4/18/2025 | TRACT | Ferndale |
|---|---|---|---|
| YEAR BUILT | 2020 | COMMUNITY | Ferndale |
| COUNTY | Whatcom | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Cascadia Elem |
|---|---|
| Jr. High School | Vista Mid |
| High School | Ferndale High |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 870 - Ferndale/Custer |
| CONSTRUCTION | Cement Siding, Wood Siding |
| HEAT | Ductless , Electric |
| HOA DUES | 480 |
| INTERIOR | Laminate, Laminate Hardwood, Wall to Wall Carpet |
| LOT | 10019 sq ft |
| LOT DESCRIPTION | Corner Lot, Cul-de-sac, Dead End Street, Paved |
| MLS STATUS | Active |
| STORIES | 3 |
| STYLE | 54 - 4-Plex |
| SUBDIVISION | Ferndale |
| TAXES | 10465.73 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
| ZONING | Multi-Family |
| SATELLITE VIEW |
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/19/25 4:38 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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