Bought with RE/MAX Whatcom County, Inc.
$915,000
$999,500
8.5%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,244 SqFt
SOLD DATE : 01/20/2026
Key Details
Sold Price $915,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,244 sqft
Price per Sqft $282
Subdivision Lynden
MLS Listing ID 2457813
Sold Date 01/20/26
Style 54 - 4-Plex
Bedrooms 8
Year Built 1979
Annual Tax Amount $5,380
Lot Size 9,583 Sqft
Property Sub-Type Multi Family
Property Description
First time on market, 4-unit multifamily property in a great Lynden location, near parks, schools, and downtown shopping. Surrounded primarily by single-family homes, this property offers strong tenant appeal and low management burden for an investor. All units feature 2-bedroom, 1-bath layouts and the building is fully leased with a solid, consistent rental history. Two units are currently rented below market, providing immediate upside through rent increases. Each unit includes a single-car garage with dedicated storage, plus two additional off-alley parking spaces and ample on-street parking. Built in 1979, the property is in good condition w/ new floors and offers a true turnkey investment with stable cash flow and value-add potential.
Location
State WA
County Whatcom
Area 885 - Lynden
Interior
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood
Garage Spaces 4.0
Amenities Available Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio
View Y/N No
Roof Type Composition
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Lynden
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, State Bond, USDA Loan, VA Loan
Listing Terms Cash Out, Conventional, FHA, State Bond, USDA Loan, VA Loan
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