Bought with MJB Real Estate Group
$1,546,000
$1,575,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
5,616 SqFt
SOLD DATE : 10/01/2025
Key Details
Sold Price $1,546,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,616 sqft
Price per Sqft $275
Subdivision Ferndale
MLS Listing ID 2360799
Style 54 - 4-Plex
HOA Fees $40/ann
Year Built 2020
Annual Tax Amount $10,465
Lot Size 10,019 Sqft
Property Sub-Type Multi Family
Property Description
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.
Location
State WA
County Whatcom
Area 870 - Ferndale/Custer
Interior
Flooring Laminate, Vinyl Plank, Carpet
Exterior
Exterior Feature Cement Planked, Wood
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Corner Lot, Cul-De-Sac, Dead End Street, Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Cascadia Elem
Middle Schools Vista Mid
High Schools Ferndale High
School District Ferndale
Others
Acceptable Financing Cash Out, Conventional, VA Loan
Listing Terms Cash Out, Conventional, VA Loan
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RSVP Real Estate Group
Real Estate Firm | License ID: 17634
Real Estate Firm License ID: 17634