Ferndale, WA 98248 1848 Eastgate Loop

$1,575,000

Pending
1848 Eastgate Loop Ferndale, WA - Image 11848 Eastgate Loop Ferndale, WA - Image 21848 Eastgate Loop Ferndale, WA - Image 3
28 more
1848 Eastgate Loop Ferndale, WA - Image 41848 Eastgate Loop Ferndale, WA - Image 51848 Eastgate Loop Ferndale, WA - Image 61848 Eastgate Loop Ferndale, WA - Image 71848 Eastgate Loop Ferndale, WA - Image 81848 Eastgate Loop Ferndale, WA - Image 91848 Eastgate Loop Ferndale, WA - Image 101848 Eastgate Loop Ferndale, WA - Image 111848 Eastgate Loop Ferndale, WA - Image 121848 Eastgate Loop Ferndale, WA - Image 131848 Eastgate Loop Ferndale, WA - Image 141848 Eastgate Loop Ferndale, WA - Image 151848 Eastgate Loop Ferndale, WA - Image 161848 Eastgate Loop Ferndale, WA - Image 171848 Eastgate Loop Ferndale, WA - Image 181848 Eastgate Loop Ferndale, WA - Image 191848 Eastgate Loop Ferndale, WA - Image 201848 Eastgate Loop Ferndale, WA - Image 211848 Eastgate Loop Ferndale, WA - Image 221848 Eastgate Loop Ferndale, WA - Image 231848 Eastgate Loop Ferndale, WA - Image 241848 Eastgate Loop Ferndale, WA - Image 251848 Eastgate Loop Ferndale, WA - Image 261848 Eastgate Loop Ferndale, WA - Image 271848 Eastgate Loop Ferndale, WA - Image 281848 Eastgate Loop Ferndale, WA - Image 291848 Eastgate Loop Ferndale, WA - Image 301848 Eastgate Loop Ferndale, WA - Image 311848 Eastgate Loop Ferndale, WA - Image 32
Presented By: Muljat Group and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2360799
  • 04/18/2025
  • Get pre-approved
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
  • SQFT • 5,616

Home Details

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 6.43%CAP / 13.67 GRM. A rare opportunity with reliable cash flow and minimal maintenance.
Presented By: Muljat Group and NWMLS

Interior Features for 1848 Eastgate Loop

Bedrooms

Bedrooms Possible0
Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories3

General for 1848 Eastgate Loop

Assoc Fee Paid PerAnnually
Assoc/CICMulti-Family
Building Area UnitsSquare Feet
Building NameEast Gate
Cap Rate6.43
Carport Spaces
Carport Y/NNo
CityFerndale
CoolingDuctless
CountyWhatcom
DirectionsI-5N-Portal Wy Exit#263. Right/NE onto Portal Wy. Right on Eastgate Loop and then left.
Electric Expense
Elementary SchoolCascadia Elem
Fuel Expense
HOAYes
HOA Fee$480
HeatingDuctless, Wall Unit(s)
High SchoolFerndale High
High School DistrictFerndale
Insurance Expense2324
Leasable Area5616
Listing TermsCash Out, Conventional, VA Loan
Lot Size Square Feet10019
Lot Size UnitsSquare Feet
MLS Area870 – Ferndale/Custer
Middle/Junior High SchoolVista Mid
ModificationTimestamp2025-08-20T23:34:11.204Z
NWM_ShowMapLinkY
Net Operating Income101258
New ConstructionNo
Number Of Units Total4
Open Parking Spaces0
PossessionSubject to Tenant Rights
Possible UseMulti-Family
Property ConditionVery Good
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksModern 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 floor
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeQuadruplex
Subdivision NameFerndale
Tax Annual Amount10465.73
Tax Year2025
Units Below Gradefalse
Units In Building Total4
ViewTerritorial
Virtual TourClick here
Water CompanyCity of Ferndale
Water Sewer Garbage0
Year Built2020
Zoning DescriptionMulti-Family

Exterior for 1848 Eastgate Loop

Building Area Total5616
Covered Spaces8
Exterior AmenitiesCement Planked, Wood
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Cul-De-Sac, Dead End Street, Paved
Lot Number12
Lot Size Acres0.23
Parking Uncovered Spaces0
Total Parking8
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Vista Mid
High School Ferndale High
Elementary School Cascadia Elem

Josh QA1

REALTOR ® SRES ®
Price $1,575,000
MLS#2360799
List Date 04/18/2025
Property Type Pending
Phone 925.123.4567
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 1848 Eastgate Loop

Ask A Question