Bought with Fairhaven Realty br of Lakeway
$875,000
$995,000
12.1%For more information regarding the value of a property, please contact us for a free consultation.
3,784 SqFt
SOLD DATE : 12/19/2023
Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,784 sqft
Price per Sqft $231
Subdivision Mount Vernon
MLS Listing ID 2173191
Sold Date 12/19/23
Style 55 - 5-9 Units
Year Built 1914
Annual Tax Amount $7,644
Lot Size 6,970 Sqft
Property Description
Well maintained 7-unit apartment building walking distance to downtown Mount Vernon. The property sits prominently on the high part of the street with very nice curb appeal. The building holds three studios and four 1-bed/1-baths with a unique mix of layouts. Four units feature large private balconies which mostly overlook downtown and the Skagit river. Fully occupied by tenants who enjoy the Victorian stye architecture, off-street parking, alley access, and location on the main bus line. Building systems are a mix of old, updated, and new with most of the systems having been upgraded over time. A great income producing property for first time investors or an easy addition to any portfolio!
Location
State WA
County Skagit
Area 835 - Mount Vernon
Interior
Fireplace false
Exterior
Exterior Feature Wood Products
Waterfront No
View Y/N Yes
View City, Partial, River
Roof Type Composition
Building
Lot Description Alley, Corner Lot, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Mount Vernon
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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