$1,240,000
Sold

309 N 21st Street

Mount Vernon, WA 98273
Listing OfficeKW North Sound
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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

  • Interior Details
      • InteriorCeramic Tile, Wall to Wall Carpet
  • Property Details
      • Exterior FeaturesCable TV, Deck, Fenced-Partially, Patio
      • Lot DescriptionPaved
      • Exterior MaterialsWood
      • Stories2
    • Measurements
      • Acres0.3634
  • Construction Details
      • Style55 - 5-9 Units
      • Property TypeMulti-Family
    • Condition
      • Year Built1975
    • Material information
      • FoundationSlab
  • Utilities / Energy Details
      • Sewer InformationSewer Connected
  • Community and Neighborhood Details
      • SubdivisionMt Vernon Hill
    • Location
      • School DistrictMount Vernon
      • CountySkagit
  • Financial Details
      • Original List Price$1,200,000
      • Taxes Annual$8,755
      • Days on Market (Cumulative)4
  • Other
      • MLS #2274895
Lake & Company Real Estate