124 Mitchell Street, Sumas, WA 98295
- $850,000
- 3,024
- SqFt
Listing courtesy of Roma Management LLC.
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- 2544489
- Days on Market
- 29
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,024
- Area Total SqFt
- 3024
- Annual Tax Ammount
- 2356
- Lot Size (sq ft)
- 14,375
- Sewer
- Sewer Connected
Property Description
Great owner-occupant or investment opportunity! This fourplex offers four 2-bedroom, 1-bathroom units, each with a large private backyard and two parking spaces. One unit is vacant and ready for renovation. This is a great chance for jumping into the rental market while living on the property with rental income from the other three units helping to pay the mortgage. Conveniently located within walking distance of Sumas Elementary, Edaleens Ice Cream, the grocery store just around the corner. A great chance to own an income-producing property with occupancy available.
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Additional Information
- List Date
- 2026-06-29 18:13:15
- Community
- Sumas
- Net Operating Income
- $53,671
- Gross Adjusted Income
- $62,964
- Gross Scheduled Income
- $63,600
- Total Monthly Income
- $5,300
- Insurance Expenses
- $1,758
- Water/Sewer/Garbage Expenses
- $2,379
- Gross Rent Multiplier
- 13.3
- Total Expenses
- $9,293
- Cap Rate
- 6.3
- Vacancy Rate
- 1
- Total Number of Units
- 4
- Unit Name
- 124
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1955
- Roof
- Composition
- Site Features
- Fenced-Partially, Patio, RV Parking
- Other Expenses
- 2800
- Energy Source
- Electric
- School District
- Mount Baker
- Elementary School
- Buyer To Verify
- Middle School
- Mount Baker Jnr High
- High School
- Mount Baker Snr High
- Total Monthly Income
- $5,300
- Gross Scheduled Income
- $63,600
- Vacancy Rate
- 1
- Gross Adjusted Income
- $62,964
- Tax Year
- 2026
- Insurance Expense
- $1,758
- W/S/G Expenses
- $2,379
- Total Expenses
- $9,293
- Net Operating Income
- $53,671
- Gross Rent Multiplier
- 13.3
- 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.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.