321 N 4th Street Unit #A-D, Mount Vernon, WA 98273
Courtesy of Windermere RE Whatcom, Inc.
- $1,199,000
- 2,891
- SqFt
- List Price
- $1,199,000
- Status
- ACTIVE
- Days on Market
- 39
- MLS#
- 2562279
- Subtype
- Residential Income
- Style
- 54 - 4-Plex
- Year Built
- 1917
- Living Area
- 2,891
- Lot Size
- 9,581
- Acres
- 0.22
- Subdivision
- Mount Vernon
- Neighborhood
- Mount Vernon
- MLS Area Major
- Mount Vernon
Property Description
Investor Alert – Exceptional Cash-Flow Opportunity with Future Value-Add Potential! Now generating $6,395 per month in gross rental income, this turnkey 4-plex offers immediate cash flow with future flexibility. The property consists of a newly renovated triplex plus a detached 2-bedroom, 1-bath home on one lot, with the potential to adjust the lot line and create two separate properties—a standalone home and a triplex (buyer to verify feasibility). Extensively updated, the units feature new appliances, mini-split heating and cooling systems, flooring, windows, kitchens, and bathrooms. Each unit is separately metered for simplified utility management. The triplex includes a one-car garage and additional basement storage. Whether you're looking to maximize your investment or occupy one residence, this property offers outstanding flexibility. Choose to adjust the lot line and sell one property while keeping the other, live in the detached home and rent the triplex, or maintain all four units as income-producing rentals. The detached home features a spacious yard, off-street parking, and scenic river views, making it an attractive rental or owner-occupied residence. Conveniently located near shopping, downtown amenities, and freeway access, this property combines strong in-place income, recent renovations, and future upside. Don't miss this exceptional investment opportunity!
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Additional Information
- Amenities
- See Remarks, Storage
- Exterior Features
- Wood
- Property Description
- 54 - 4-Plex
- Flooring
- Vinyl, Vinyl Plank
- Heating
- Ductless
- Air Conditioning
- Ductless
- Roof
- Shake
- Garage Spaces
- 1
- School District
- Mount Vernon
- Elementary School
- Buyer To Verify
- Middle School
- La Venture Mid
- High School
- Mount Vernon High
- View
- River, Territorial
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.