Bought with KW North Sound
$415,000
$385,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
2,574 SqFt
SOLD DATE : 09/04/2020
Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,574 sqft
Price per Sqft $161
Subdivision Mt Vernon Hill
MLS Listing ID 1616686
Sold Date 09/04/20
Style 52 - Duplex
Year Built 1992
Annual Tax Amount $4,486
Lot Size 8,712 Sqft
Property Description
Centrally located townhouse-style duplex on quiet street in heart of Mount Vernon. Near schools, medical, parks, and retail. Each unit is townhouse style, 2 bedrooms with 1.5 baths. Gas fireplace. Maintenance kept up to date. Long-term tenants (5 & 10 years). Due to long term tenants, rents are due for increase. At current rents property offers a 4.6% cap rate. Pencils at $153 SF living space, well within recent duplex sales since 2019. Current lease status: month to month, both A & B.
Location
State WA
County Skagit
Area 835 - Mount Vernon
Interior
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Utilities Available Cable Connected, High Speed Internet, Sewer Connected, Electric
Amenities Available Cable TV, High Speed Internet
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Cul-De-Sac, Curbs, Paved
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
Listing Terms Conventional
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