1202 Nelson Street, Sedro Woolley, WA 98284
- $1,195,000
- 3,264
- SqFt
Listing courtesy of Congress Realty.
- List Price
- $1,195,000
- Status
- PENDING - BACKUP OFFER REQUESTED
- MLS#
- 2534348
- Days on Market
- 55
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,264
- Area Total SqFt
- 3264
- Annual Tax Ammount
- 8216
- Lot Size (sq ft)
- 22,216
- Sewer
- Sewer Connected
Property Description
Excellent Investment Opportunity tucked away at the end of a quiet street, this exceptionally well-maintained 4-plex offers both cash flow and long-term value. All units have been tastefully remodeled within the last 5 years, including updated kitchens, bathrooms, and flooring. Each features 2 ample bedrooms, 1 full bath, comfortable living room, well-designed kitchen with dining area. Two separate buildings face each other, creating a charming, compound-style layout. Extra-large single-car garages between units add privacy and separation. Each unit enjoys its own unique outdoor space, with private patios surrounded by mature trees, creating a peaceful, welcoming environment. Rare opportunity to own a fully leased, low-maintenance asset.
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Additional Information
- List Date
- 2026-06-03 18:40:14
- Community
- Sedro Woolley
- Net Operating Income
- $82,211
- Gross Adjusted Income
- $103,229
- Gross Scheduled Income
- $105,336
- Total Monthly Income
- $8,778
- Insurance Expenses
- $2,102
- Water/Sewer/Garbage Expenses
- $8,485
- Gross Rent Multiplier
- 11.34
- Total Expenses
- $21,018
- Cap Rate
- 6.88
- Vacancy Rate
- 2
- Total Number of Units
- 4
- Unit Name
- 1202
- Potential Terms
- Cash, Conventional
- Year Built
- 1975
- Roof
- Composition
- Other Expenses
- 2215
- Energy Source
- Electric
- School District
- Sedro Woolley
- Total Monthly Income
- $8,778
- Gross Scheduled Income
- $105,336
- Vacancy Rate
- 2
- Gross Adjusted Income
- $103,229
- Tax Year
- 2026
- Insurance Expense
- $2,102
- W/S/G Expenses
- $8,485
- Total Expenses
- $21,018
- Net Operating Income
- $82,211
- Gross Rent Multiplier
- 11.34
- Cap Rate
- 6.88
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.