7 Units,7.22% CAP Rate, Strong rental market Skagit lowest vacancy rate in state 0.4%,statewide average 4.3% high demand in favor of landlord,Coin operated laundry,Minutes from I-5, East of city up on hill, near hospital, College and shopping, Quiet residential area,Top 1 bedroom unit with partial river view,some units remodeled with vinyl windows, roof approx 10yrs,rents include all utilities. sold "as-is" Plenty of upside for first time investor with strong cash flow.
Off market
$828,100
107 N 7th St #1-7, Mount Vernon, WA 98273
5beds
5baths
3,016sqft
MultiFamily
Built in 1900
-- sqft lot
$828,100 Zestimate®
$275/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Cooling
- Wall
Appliances
- Included: Dryer, Refrigerator, Washer
Features
- Flooring: Carpet, Hardwood, Laminate, Linoleum / Vinyl
Interior area
- Total interior livable area: 3,016 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 5,998 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & neighborhood
Location
- Region: Mount Vernon
Other
Other facts
- Refrigerator1: Y
- Refrigerator2: Y
- Property type: MULT
- Range/oven1: Y
- Range/oven2: Y
- Refrigerator3: Y
- Refrigerator4: Y
- Range/oven3: Y
- Range/oven4: Y
- Refrigerator5: Y
- Range/oven5: Y
- Range/oven6: Y
- Refrigerator6: Y
- Units below grade: Y
- Foundation: Poured Concrete
- Sewer: Sewer Connected
- Form 17: Provided
- Possesion: Sub. Tenant's Rights, Closing
- Water source: Public
- Roof: Composition
- Building condition: Good
- Energy source: Electric, Natural Gas
- Lot details: Paved Street, Curbs, Sidewalk
- General zoning: Multi-Family, Residential
- View: Territorial, Sound
- Heating and cooling: Wall
- Exterior: Wood
- Amenities: Storage, Coin Op Laundry
- Potential terms: Conventional
- Style: 55 - 5-9 Units
- Floor covering: Wall to Wall Carpet, Vinyl, Laminate Hardwood
- Leased items: Washer/Dryer
- Site features: Gas Available
- Bathrooms1: 1.00
- Bathrooms6: 0.00
- Bathrooms2: 1.00
- Bathrooms3: 1.00
- Bathrooms4: 1.00
- Bathrooms5: 1.00
- Offers: Reviewed on OFFRD
- Commission: 3
- Offers Review Date: 2020-02-27
Services availability
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