Mount Vernon, WA 98273,507 N 1st ST #A-C
Listed by RE/MAX Valley Homes
Bought with Keller Williams Western Realty
$465,500
$445,000
4.6%
Est.Price: ?

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3,472 SqFt

507 N 1st ST #A-C Mount Vernon, WA 98273

Est. payment /mo
SOLD DATE : 01/02/2020

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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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Northwest MLS (NWMLS)

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