Interior Features Fir/Softwood Laminate Hardwood Wall to Wall Carpet
Sewer Sewer Connected
Heating Radiator
Cooling None
Possession Closing Tenant's Rights
Roof Composition
Exterior Features Wood
HOA 0
Year Built 1900
Property SubType Multi-Family
Tax Year 2024
County Skagit
Net Operating Income 65355
Insurance Expense 1200
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Mount Vernon
Possible Use Residential
Special Listing Conditions None
Status Contingent
Directions I-5 Kincaid Street exit then west to 2nd Street; left on 2nd Street to left on Section Street to house on right across railroad tracks.
City Mount Vernon
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Mount Vernon
Open Parking Spaces 10
NumberOfUnitsTotal 12
MLS Area 835 - Mount Vernon
Lot Size Units Square Feet
Lot Size Square Feet 21655
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Section
Listing Terms Cash Out Conventional
Tax Annual Amount 9036
Electric Expense 0
Fuel Expense 6600
Public Remarks Large classic Mount Vernon grand home converted to apartments on extra large city lot. This property also contains 4 single-wide MU homes for additional rental income - total of 12 units. Very low
Leasable Area 7639
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Water Company Skagit County PUD # 1
Units Below Grade false
Units In Building Total 12
Zoning Class Residential
Water Sewer Garbage 38400
Property Style 56 - 10+ Units
Cap Rate 7