325 N 21st Street, Mount Vernon, WA 98273

$1,655,000
5,685
SqFt

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Listing courtesy of Windermere RE Skagit Valley.

List Price
$1,655,000
Status
ACTIVE
MLS#
2428955
Price Change
▼ $132,000 1781828483
Days on Market
322
Style
55 - 5-9 Units
Finished SqFt
5,685
Area Total SqFt
5685
Annual Tax Ammount
10505
Lot Size (sq ft)
15,586
Sewer
Sewer Connected

Property Description

Nice eight unit complex on the hill in Mount Vernon. Six 2-bed, 1-bath units. One 1-bed, 1-bath unit. One studio. Central laundry. Great access to medical, schools retail. New roof recently installed.

Additional Information

List Date
2025-09-09 19:28:11
Community
Mt Vernon Hill
Net Operating Income
$111,706
Gross Adjusted Income
$135,660
Gross Scheduled Income
$135,660
Total Monthly Income
$11,266
Insurance Expenses
$2,943
Water/Sewer/Garbage Expenses
$6,809
Gross Rent Multiplier
13
Total Expenses
$23,954
Cap Rate
6.3
Total Number of Units
8
Unit Name
325
Potential Terms
Conventional
Year Built
1976
Roof
Composition
Other Expenses
3697
Energy Source
Electric
School District
Mount Vernon
Total Monthly Income
$11,266
Gross Scheduled Income
$135,660
Gross Adjusted Income
$135,660
Tax Year
2024
Insurance Expense
$2,943
W/S/G Expenses
$6,809
Total Expenses
$23,954
Net Operating Income
$111,706
Gross Rent Multiplier
13
Cap Rate
6.3
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.
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