$1,575,000

12 Beds 12 Baths 5,616 SQFT 0.46 Acres
Type: Multi-Family

2834 Shore Shore Pine Place S
Blaine, WA 98230

MLS#: 2584402
Presented by: Windermere RE Whatcom, Inc. and NWMLS

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.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories3

General

Assoc Fee Paid PerMonthly
Building Area Units0 sqft
Building NameEast Maple Ridge
Cap Rate5.67
Carport Spaces0
Carport Y/NNo
CityBlaine
Cooling90%+ High Efficiency, Ductless, Heat Pump
CountyWhatcom
DirectionsFrom H Street, North on Allen St, East on E St (turns into Harbor Hills Pkwy) Right onto Shore Pine, on your left.
Electric Expense0
Elementary SchoolBlaine Elem
Fuel Expense0
Garage Spaces4
HOAYes
HOA Fee$140
Heating90%+ High Efficiency, Ductless, Heat Pump, HRV/ERV System
High SchoolBlaine High
High School DistrictBlaine
Insurance Expense3574.62
Leasable Area1,404 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet20,038 sqft
Lot Size UnitsSquare Feet
MLS Area880 - Blaine/Birch Bay
Middle/Junior High SchoolBlaine Mid
NWM_ShowMapLinkY
Net Operating Income89225
New ConstructionNo
Number Of Units Total4
PossessionClosing
Possible UseResidential
Property ConditionVery Good
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksFULLY 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 in
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameBlaine
Tax Annual Amount$9,431
Tax Year2025
Units Below Gradefalse
Units In Building Total4
ViewTerritorial
Water CompanyCity of Blaine
Water Sewer Garbage0
Year Built2023
Zoning DescriptionResidential

Exterior

Building Area Total5,616 sqft
Covered Spaces4
Exterior AmenitiesCement/Concrete, Cement Planked, Wood, Wood Products
Foundation DetailsPoured Concrete, Slab
Irrigation Water Rights Y/NNo
Lot Dimensionsapprox 70 x 217
Lot FeaturesCurbs, Paved, Sidewalk
Lot Number0
Lot Size Acres0.46
Parking Uncovered Total4
Site FeaturesHigh Speed Internet
Total Parking8
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School Blaine Mid
Elementary School Blaine Elem
High School Blaine High

  

Similar Properties

$1,575,000

12 Beds 12 Baths 5,616 SQFT 0.46 Acres
Type: Multi-Family

2834 Shore Shore Pine Place S
Blaine, WA 98230

MLS#: 2584402