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.
Listing Provided Courtesy of Mike Kooy, Windermere Real Estate Whatcom
General Information
NWM2457813
Multi Family
1
DOM
9583.2 SqFt
3244
1979
Multi-F
Whatcom
Residential Incom
Multi Family
Listing Provided Courtesy of Mike Kooy, Windermere Real Estate Whatcom
Krishna Realty data last checked: Dec 05, 2025 07:12 | Listing last modified Dec 05, 2025 01:02,
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Residence Information
3244
Composition
54 - 4-Plex
1979
Poured Concrete
Features and Utilities
Brick, Wood
Public
Sewer Connected
0
Financial
5380
Cash Out, Conventional, FHA, State Bond, USDA Loan, VA Loan
12-04-2025
Comparable Information
1
1
Cash Out, Conventional, FHA, State Bond, USDA Loan, VA Loan
$999,500
$999,500
Dec 05, 2025 01:02
Schools
Map
Listing courtesy of Windermere Real Estate Whatcom.
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.