414 E Lawrence St

    Mount Vernon, WA 98273
    • $499,000
    • STATUS: Active
    • ON SITE: 212 days
    • ID#: 1288696
    UPDATED: 23 min ago
    $499,000
    • 4
      BEDS
    • 0.1
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,626
      SQFT
    • $190
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1927
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of John L. Scott, Inc..

    Description

    One of a kind investment opportunity, this duplex generates 34K net income! Planned rent increases will yield 39K net later this year! Centrally located on the Hill in Mt Vernon, just minutes from I-5, High School, Hospital, College, shops and restaurants! This easily self-managed property with minimal expenses has unmatched character and charm. Current CAP at 6.9% includes all utilities. Building has space for potential third unit that can add 12K net!

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-12-09T23:14:33.62.

    www.resg.com/homes/83424427

    414 E Lawrence St Mount Vernon, WA 98273

    • Price: $499,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: 1288696
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,626
    SQFT
    $190
    $/SQFT
    1927
    Built
    Neighborhood:
    Mt Vernon Hill
    County:
    Skagit
    Area:
    Mount Vernon
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Mount Vernon High
    School District:
    Mount Vernon
    Property Description
    One of a kind investment opportunity, this duplex generates 34K net income! Planned rent increases will yield 39K net later this year! Centrally located on the Hill in Mt Vernon, just minutes from I-5, High School, Hospital, College, shops and restaurants! This easily self-managed property with minimal expenses has unmatched character and charm. Current CAP at 6.9% includes all utilities. Building has space for potential third unit that can add 12K net!
    Exterior Features

    Building Condition Very Good Building Information Built On Lot Construction Methods Standard Frame Exterior StuccoWood Foundation Poured Concrete Lot Details AlleyCurbsPaved StreetSidewalk Lot Dimensions 50 Ft. X 90 Ft. Lot Topography And Vegetation Partial Slope Parking Type Off Street Roof Composition Style 16 - 1 Story w/Bsmnt. Total Covered Parking Spaces 0 View CityMountainTerritorial

    Interior Features

    Basement DaylightFully Finished Bedrooms Lower 2 Bedrooms Main 2 Bedrooms Upper 0 Fireplaces 1 Floor Covering Ceramic TileFir/SoftwoodHardwoodVinyl Heating And Cooling Forced AirInsertHEPA Air Filtration Interior Features 2nd Kitchen2nd Master BRDbl Pane/Storm WindwDining RoomDisabled AccessFrench DoorsHigh Tech CablingSecurity System Master Bedroom Location Lower Square Footage Finished 2626 Square Footage Unfinished 0

    Property Features

    Bank Owned No Bus Line Nearby Y Energy Source ElectricNatural GasWood EPSEnergy 0 Form17 Provided Hers Index 0 Home Owner Dues 0 Monthly Rent If Rented 3590 New Construction YN No Possession ClosingSub. Tenant's Rights Power Company Pse Right Of First Refusal No Senior Exemption N Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Mt Vernon Site Features Cable TVDeckDisabled AccessGas AvailableHigh Speed InternetPatioShop Square Footage Source Assessor Tax Amount 3637 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Water Company Skagit Pud Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Real Estate Solutions Group - NWRE LLC and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-12-09T23:14:33.62.

     
    Real Estate Solutions Group - NWRE LLC
    1027 State Ave, Suite 102
    Marysville WA, 98270
    Listing Courtesy of John L. Scott, Inc..