1011 E Division Street Mount Vernon, WA ^$ 2,150,000

1011 E Division Street

^$ 2,150,000

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1011 E Division Street

Mount Vernon, WA, 98274

^$ 2,150,000

Bedrooms-- Baths0.0 Sq 9,245

Monthly Estimate*

^$ 13,413

Listed by Kidder Mathews

1011 E Division Street, Mount Vernon, WA 98274 - Image 1

1011 E Division Street, Mount Vernon, WA 98274 - Image 2

1011 E Division Street, Mount Vernon, WA 98274 - Image 3

1011 E Division Street, Mount Vernon, WA 98274 - Image 4

1011 E Division Street, Mount Vernon, WA 98274 - Image 5

1011 E Division Street, Mount Vernon, WA 98274 - Image 6

1011 E Division Street, Mount Vernon, WA 98274 - Image 7

1011 E Division Street, Mount Vernon, WA 98274 - Image 8

1011 E Division Street, Mount Vernon, WA 98274 - Image 9

1011 E Division Street, Mount Vernon, WA 98274 - Image 10

1011 E Division Street, Mount Vernon, WA 98274 - Image 11

1011 E Division Street, Mount Vernon, WA 98274 - Image 12

1011 E Division Street, Mount Vernon, WA 98274 - Image 13

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Single Family Home for sale in Mount Vernon, WA

for $2,150,000. This 9,245 square foot home was built in 1936 on a lot size of 0.2122 Acre(s).

Great Return on a value-add property. 12 total units, with a healthy unit mix of 1's 2's and a 3 bedroom units. Current 5.8% Cap Rate with room for value add to turn this investment into a 8% cap rate property. Located right next to the Mount Vernon Highschool and Skagit County Hospital. Property consists of 10 parking spots and common laundry for tenants. Rents and financials are actuals.

Single Family Active

Price

^$ 2,150,000

Property Type

Single Family

Taxes

^$ 17,002

Style

Multi Units

Lot Size

0.2122 Acre(s)

Year Built

1936

Town/City

Mount Vernon

County/Region

Skagit

MLS | Web ID

2045433

Features

Interior

Flooring Carpet(s) Vinyl Flooring Wall-to-Wall Carpet

Heating Source Electric

Heating System Baseboard

Sewer Connection

Water Source Public Water

Exterior

Foundation Concrete

Land Improvements Curbs Paved Sidewalks

Parking 1-20 Covered Parking Spaces

Roof Composition Other

Siding Stucco Exterior Wood Exterior

Miscellaneous

View City View Other

* Excluded Features

List By

Winslow Thomas Lee

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$14,830

Per Month

Monthly Principal & Interest: $13,413
Monthly Property Taxes: $1,417
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Mount Vernon, WA

Average List Price ^$755,869

Percent of Sale Price 65%

About Mount Vernon, WA

35,142 Population

29% Since 2002

^$52,821 Median Income

35.6 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Mount Vernon School District

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2023	$2,150,000	-6.52%	Price Down
3/16/2023	$2,300,000		Listed Price

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1011 E Division Street, Mount Vernon, WA, 98274 is a Single Family Home for sale at $2,150,000 with 9,245 sqft and a lot size of 0.2122 Acre(s). 1011 E Division Street has 0.0 baths and was built in 1936. The property's zip code is 98274 which is in Mount Vernon, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Northwest Multiple Listing Service

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northwest Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/10/2023.

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1011 E Division Street

Single Family Home for sale in Mount Vernon, WA

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