520 N 1st Street, Mount Vernon, WA 98273

$899,000

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Listing courtesy of NextHome Preview Properties.

List Price
$899,000
Status
ACTIVE
MLS#
2486089
Price Change
▼ $26,000 1781734719
Days on Market
147
Style
55 - 5-9 Units
Annual Tax Ammount
9495.59
Lot Size (sq ft)
9,147
Sewer
Available

Property Description

Six-unit apartment building located in the central core of Mount Vernon, Washington. This multi-family investment property experiences low tenant turnover due to its proximity and super affordable units. There are four 1-bedroom/1-bath units and two 2-bedroom/1-bathroom units with 100% occupancy. The property has dedicated parking in the rear of the building as well as off-street parking.

Additional Information

List Date
2026-03-03 14:44:11
Community
Mount Vernon
Gross Scheduled Income
$85,500
Total Monthly Income
$7,125
Insurance Expenses
$2,600
Water/Sewer/Garbage Expenses
$7,229
Total Expenses
$19,324
Vacancy Rate
100
Total Number of Units
6
Unit Name
520
Potential Terms
Cash, Conventional
Year Built
1921
Roof
Composition
Site Features
Fenced-Partially
Energy Source
Electric, Natural Gas
School District
Mount Vernon
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Mount Vernon High
Total Monthly Income
$7,125
Gross Scheduled Income
$85,500
Vacancy Rate
100
Tax Year
2025
Insurance Expense
$2,600
W/S/G Expenses
$7,229
Total Expenses
$19,324
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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