45082 Shields Court, Concrete, WA 98237

$799,000
4,256
SqFt

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Listing courtesy of Windermere RE Skagit Valley.

List Price
$799,000
Status
ACTIVE
MLS#
2488498
Price Change
▼ $30,000 1782766258
Days on Market
145
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
4,256
Area Total SqFt
4256
Annual Tax Ammount
5589
Lot Size (sq ft)
52,272
Sewer
Sewer Connected

Property Description

Here is the investment opportunity that you have been looking for! 4 units, including an owner’s unit with 1,700+ square feet, 2 bedrooms, 3 bath, covered deck, 35 x 35 shop with 22 x 55 lean to that is rented. RV parking, single car garage with carport. The other 3 rental units are approximately 840 sq ft each with 2 bedrooms, 1 bath, washer/dryer, carport, small deck off of kitchen, close to town and walkable to post office, library and stores. Shop has bathroom.

Additional Information

List Date
2026-03-06 15:41:18
Community
Concrete
Net Operating Income
$57,849
Gross Adjusted Income
$57,849
Gross Scheduled Income
$75,300
Total Monthly Income
$5,525
Insurance Expenses
$2,389
Water/Sewer/Garbage Expenses
$7,673
Gross Rent Multiplier
11.3
Total Expenses
$17,451
Cap Rate
7
Total Number of Units
4
Unit Name
45082
Potential Terms
Cash, Conventional
Year Built
1999
View
Territorial
Roof
Composition
Site Features
Cable TV, High Speed Internet, Shop
Other Expenses
1800
Energy Source
Electric, Propane
School District
Concrete
Elementary School
Concrete Elem
Middle School
Concrete Mid
High School
Concrete High
Total Monthly Income
$5,525
Gross Scheduled Income
$75,300
Gross Adjusted Income
$57,849
Tax Year
2025
Insurance Expense
$2,389
W/S/G Expenses
$7,673
Total Expenses
$17,451
Net Operating Income
$57,849
Gross Rent Multiplier
11.3
Cap Rate
7
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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