Bought with Keller Williams Western Realty
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507 N 1st ST #A-C Mount Vernon, WA 98273
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Key Details
Sold Price $465,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,472 sqft
Price per Sqft $134
Subdivision Mt Vernon Hill
MLS Listing ID 1538766
Sold Date 01/02/20
Style 53 - Tri-plex
Year Built 1922
Annual Tax Amount $3,055
Lot Size 8,712 Sqft
Property Description
Seize the very favorable CAP rate. Triplex with good rental history, and offering possible fourth unit in unfinished condition/separate meters for your creativity. Property abuts I-5 so noise is present, but this has not impacted the occupancy rate. Owner currently occupies Unit A, thus CAP Rate is approx. 10% with this unit included. One unit fresh remodel, another in 2017. New roof in 2017.
Location
State WA
County Skagit
Area 835 - Mount Vernon
Interior
Interior Features Forced Air, Wall to Wall Carpet, Laminate Hardwood
Flooring Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
Amenities Available Cable TV, Deck, Gas Available
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved, Sidewalk
Sewer Sewer Connected
Water Community
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Mount Vernon
Others
Acceptable Financing Conventional, FHA, Private Financing Available, VA Loan
Listing Terms Conventional, FHA, Private Financing Available, VA Loan
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