1135 S 6th St, Mount Vernon, WA 98273

$399,900
2,900
SqFt

Listing courtesy of RJR Real Estate Inc..

List Price
$399,900
Status
ACTIVE
MLS#
1640176
Days on Market
8
Style
53 - Tri-plex
Building Condition
['Very Good']
Finished SqFt
2,900
Lot Size (sq ft)
5,100

Property Description

Solid cash-flowing triplex on corner lot. The hedge and unique building layout allows maximum privacy for tenants. 3 large units, each with its own charm. Zoning recently upgraded to R-3 Commercial, thus all the new construction on every side of the neighborhood. Always rented in high demand rental market in south Mt Vernon. Minutes to I-5 and downtown.

Additional Information

List Date
2020-08-01 00:00:00
Community
Mount Vernon
Property Type
MULT
Units
3
Stories
2
Potential Terms
Cash Out, Conventional, Farm Home Loan, USDA, VA
Year Built
1915
Total Parking
5
Exterior
Wood
Roof
Composition
Lot Details
Alley, Corner Lot, Paved Street
School District
Mount Vernon
Gross Scheduled Income
$34,800
Gross Adjusted Income
$34,800
Annual Taxes
$3,785
Tax Year
2019
Insurance Expense
$813
W/S/G Expenses
$3,529
Total Expenses
$8,127
Net Operating Income
$26,373
Gross Rent Multiplier
12
Cap Rate
6

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
1150
Unit 1 Rent
$1,100
Unit 2 Baths
1.00
Unit 2 Size
850
Unit 2 Rent
$750
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
1100
Unit 3 Rent
$1,050
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