2834 Shore Shore Pine Place S, Blaine, WA 98230
- $1,575,000
- 5,616
- SqFt
Listing courtesy of Windermere RE Whatcom, Inc..
- List Price
- $1,575,000
- Status
- ACTIVE
- MLS#
- 2584402
- Days on Market
- 0
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 5,616
- Area Total SqFt
- 5616
- Annual Tax Ammount
- 9430.98
- Internet Provider
- POGO Zone or Xfinity buyer to verify
- Lot Size (sq ft)
- 20,038
- Sewer
- Sewer Connected
Property Description
FULLY RENTED 4-PLEX at The Ridge. Turnkey Investment with Immediate Cash Flow. This fully rented fourplex delivers immediate income, strong long-term potential, and a low-maintenance asset built for investor efficiency. All four units are 100% leased, offering day-one cash flow with no lease-up risk. Each unit features a functional, tenant-friendly layout: main living, dining, kitchen, and powder room on the second level for an open, light-filled floor plan. Quartz countertops and durable luxury vinyl plank flooring throughout the main living areas minimize turnover costs and wear. Upper-level primary suites include walk-in closets and ensuite baths, plus two additional bedrooms and a full bath per unit, supporting strong rental demand and flexible tenant profiles. Each unit also includes a private single-car garage, adding rentable value and appeal. Ownership flexibility is a key advantage: hold as a fully passive investment, or owner-occupy one unit while the remaining three offset your mortgage. Located roughly 25 minutes from Bellingham in the walkable Ridge community, the property benefits from consistent rental demand tied to proximity to I-5, the Canadian border, and Blaine Marina. Appealing to commuters, cross-border traffic, and lifestyle renters alike. Exterior images are of subject property. Interior images are of similar unit, same floorplan, size, etc. All Utilities are tenant paid. All showings have to be coordinated through listing agent.
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Additional Information
- List Date
- 2026-09-18 17:58:12
- Community
- Blaine
- Net Operating Income
- $89,225
- Gross Adjusted Income
- $114,420
- Gross Scheduled Income
- $114,420
- Total Monthly Income
- $9,535
- Insurance Expenses
- $3,574
- Gross Rent Multiplier
- 13.77
- Total Expenses
- $25,195
- Cap Rate
- 5.67
- Total Number of Units
- 4
- Unit Name
- 2834
- Potential Terms
- Cash, Conventional
- Year Built
- 2023
- View
- Territorial
- Roof
- Composition
- Site Features
- High Speed Internet
- Other Expenses
- 12189
- Energy Source
- Electric, Natural Gas
- School District
- Blaine
- Elementary School
- Blaine Elem
- Middle School
- Blaine Mid
- High School
- Blaine High
- Total Monthly Income
- $9,535
- Gross Scheduled Income
- $114,420
- Gross Adjusted Income
- $114,420
- Tax Year
- 2025
- Insurance Expense
- $3,574
- Total Expenses
- $25,195
- Net Operating Income
- $89,225
- Gross Rent Multiplier
- 13.77
- Cap Rate
- 5.67
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.