$875,000
For Sale
3000 sqft | 0.20 acres | #2282866
Listing OfficeRE/MAX Whatcom County, Inc.
Browse 31 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Here is your chance to own a 7 unit building in a quiet residential neighborhood. Whether you’re an experienced investor aiming to diversify or newcomer seeking reliable entry into the market, this 7-plex combines stability with growth potential. Located east of the city, out of the flood plain, near plenty of employers/commerce including the local hospital, community college and tons of shopping and eateries. Some units have been remodeled/updated with vinyl windows, paint, lighting, and new flooring/carpet. Coin operated laundry in basement and plenty of off-street parking. Bus stop 1 block away. Solid 6.4% CAP rate and all units are currently leased providing immediate rental income and a strong addition to any investment portfolio.

  • Property Details
      • Exterior MaterialsSee Remarks, Wood Products
      • Stories3
    • Measurements
      • Square Feet3000
      • Acres0.2
  • Construction Details
      • Style55 - 5-9 Units
      • Property TypeMulti-Family
    • Condition
      • Year Built1900
    • Material information
      • FoundationPoured Concrete
  • Utilities / Energy Details
      • Sewer InformationSewer Connected
  • Community and Neighborhood Details
      • SubdivisionMount Vernon
    • Location
      • School DistrictMount Vernon
      • CountySkagit
  • Financial Details
      • Original List Price$875,000
      • Taxes Annual$6,388
      • Days on Market (Cumulative)62
  • Other
      • MLS #2282866
Sarah McCormickReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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