Bought with American Dream R.E. East LLC
$1,240,000
$1,200,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
309 N 21st ST Mount Vernon, WA 98273
0.36 Acres Lot
Key Details
Sold Price $1,240,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mt Vernon Hill
MLS Listing ID 2274895
Style 55 - 5-9 Units
Year Built 1975
Annual Tax Amount $8,755
Lot Size 0.363 Acres
Property Description
Seize the chance to own this 6-plex in the heart of Mount Vernon. All units are currently leased, providing you with immediate rental income & stress-free investment. New roof in 2023. Each unit is 2 bedrooms, 1 bath, approx. 800 sq. ft. Tenants enjoy the convenience of an on-site laundry facility (possibility for additional income) With a solid 5.6% cap rate, this property is a strong addition to any investment portfolio. Whether you?re an experienced investor aiming to diversify or newcomer seeking reliable entry into the market, this 6-plex combines stability with growth potential. Located near Skagit Valley Hospital, Mount Vernon HS, parks, shopping, & more, this property is perfectly positioned to attract & retain quality tenants
Location
State WA
County Skagit
Area 835 - Mount Vernon
Interior
Flooring Ceramic Tile, Carpet
Exterior
Exterior Feature Wood
Amenities Available Cable TV, Deck, Fenced-Partially, Patio
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
New Construction No
Schools
School District Mount Vernon
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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