918 Citadel Drive, Everson, WA 98247

$1,099,000
5,213
SqFt

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Listing courtesy of Sterling Real Estate Group.

List Price
$1,099,000
Status
ACTIVE
MLS#
2582319
Days on Market
43
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
5,213
Area Total SqFt
5213
Lot Size (sq ft)
35,284

Property Description

Central County 4-Plex adjacent to Raspberry Ridge Golf Course. Conveniently located minutes to Bellingham, Lynden, Ferndale, I-5, and the Canadian border. Higher-end units include full appliance packages with optional garage parking. Peaceful, fully fenced property offers privacy and quiet surroundings. Originally constructed as an owner-occupied residence with three rental units. Financials provided on a pro forma basis.

Additional Information

List Date
2026-08-04 22:28:11
Community
Everson
Net Operating Income
$49,800
Gross Adjusted Income
$68,400
Gross Scheduled Income
$72,000
Total Monthly Income
$6,400
Insurance Expenses
$2,000
Water/Sewer/Garbage Expenses
$3,600
Gross Rent Multiplier
17.36
Total Expenses
$18,600
Cap Rate
4
Vacancy Rate
5
Total Number of Units
4
Unit Name
918
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
2006
View
Golf Course
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings, RV Parking, Shop
Other Expenses
11884
Energy Source
Natural Gas
School District
Meridian
Elementary School
Irene Reither Primar
Middle School
Meridian Mid
High School
Meridian High
Total Monthly Income
$6,400
Gross Scheduled Income
$72,000
Vacancy Rate
5
Gross Adjusted Income
$68,400
Tax Year
2025
Insurance Expense
$2,000
W/S/G Expenses
$3,600
Total Expenses
$18,600
Net Operating Income
$49,800
Gross Rent Multiplier
17.36
Cap Rate
4
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.

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