110 S 20th St

    Mount Vernon, WA 98274
    • $599,950
    • STATUS: Pending
    • ON SITE: 10 days
    • ID#: 1515843
    Under Contract
    UPDATED: 57 min ago
    $599,950
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,700
      SQFT
    • $162
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1991
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of New Horizon Realty Llc.

    Description

    Fantastic 4 Plex! Great location near Hospital, College & Parks. Low maintenance property with newer roof, partial brick siding. Long term tenants some since 2006. Owner-occupied and in excellent condition. Unit #3 has a private backyard. Central private courtyard between the 4 garages & rental units. Washers/dryers & all appliances stay in each unit. Rents are WAY below market value and a cap rate over 8% is extremely feasible. Here is the investment you have been looking for!

    Monthly Payment Calculator



    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-22T14:15:20.247.

    www.costelloteam.com/homes/98863074

    110 S 20th St Mount Vernon, WA 98274

    • Price: $599,950
    • Status: Pending
    • Updated: 57 min ago
    • ID#: 1515843
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    3,700
    SQFT
    $162
    $/SQFT
    1991
    Built
    Neighborhood:
    Mount Vernon
    County:
    Skagit
    Area:
    Mount Vernon
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Mount Vernon
    Property Description
    Fantastic 4 Plex! Great location near Hospital, College & Parks. Low maintenance property with newer roof, partial brick siding. Long term tenants some since 2006. Owner-occupied and in excellent condition. Unit #3 has a private backyard. Central private courtyard between the 4 garages & rental units. Washers/dryers & all appliances stay in each unit. Rents are WAY below market value and a cap rate over 8% is extremely feasible. Here is the investment you have been looking for!
    Exterior Features

    Building Condition Very Good Carport Spaces 0 Exterior BrickWood Products Foundation Poured Concrete Garage Spaces 4 Lot Details Curbs Lot Dimensions 13068 Roof Composition Stories In Building 1 Style 54 - 4-Plex Total Parking Spaces 6 Uncovered Spaces 2

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 900 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 900 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1000 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 900 Unit4 Washer Dryer Y Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities Thermal Windows Bank Owned No Cap Rate 6.60 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 49800 Gross Rent Multiplier 12 Gross Scheduled Income 49800 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1380 Leased Items None Net Operating Income 39351 New Construction YN No Other Expenses 0 Possession ClosingNegotiableSee Remarks Power Company Pse Right Of First Refusal Yes Septic Approved For Number Of Bedrooms 8 Sewer Sewer Connected Sewer Company City Of Mt Vernon Site Features Cable TVHigh Speed InternetPatio Tax Amount 5728 Tax Year 2018 Terms Cash OutConventionalFHA Third Party Approval Required None Total Expenses EXP 10449 Total Expenses TEX 10449 Total Monthly Income 4150 Unit1 Monthly Rent 1000 Unit2 Monthly Rent 1000 Unit3 Monthly Rent 1150 Unit4 Monthly Rent 1000 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company Skagit Co Pud Water Sewer Garbage 3341 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Costello Team | Windermere Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-22T14:15:20.247.

     
    Costello Team | Windermere Real Estate
    100 116th Ave SE
    Bellevue WA, 98004
    Listing Courtesy of New Horizon Realty Llc.