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Sold for $560,000 on 10/20/23
  • $560,000

    414 E Lawrence St, Mount Vernon, WA 98273

    --beds
    0baths
    2,626sqft
    MultiFamily
    Built in 1927
    -- sqft lot
    $611,500 Zestimate®
    $213/sqft
    $2,626 Estimated rent

    Owner options

    List your home for rent

    $2,626/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

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    $2,626/mo

    Rent Zestimate®

    Refinance and save

    $3,200/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,200/mo

    Est. payment

    What's special

    One of a kind investment opportunity! Centrally located in Mt Vernon, just minutes from I-5, High School, Hospital, College, shops and restaurants! This easily self-managed property with minimal expenses has unmatched character and charm. Current CAP rate at 5.3%, NOI $27,901 is under market and owner currently pays all expenses! Tenants only pay rent! Building has extra space that could increase rents by $700/mo. NEW sewer installed and many upgrades. Perfect combination of location and income!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Other, Electric, Gas, Wood / Pellet
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Softwood, Tile, Hardwood, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,626 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off-street, On-street
    Features
    • Exterior features: Stucco, Wood
    • Has view: Yes
    • View description: Territorial, City, Mountain
    Lot
    • Size: 4,356 sqft
    Details
    • Parcel number: 37640070200100

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • concrete
    • Foundation: Concrete
    • Roof: Composition
    Condition
    • Year built: 1927

    Community & neighborhood

    Location
    • Region: Mount Vernon