Living Area 0
Sewer Sewer Connected
Heating Baseboard Wall Furnace
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 2
Security Features Partially Fenced
Year Built 1977
View Territorial
Property Subtype Multi Family
Tax Year 2025
Building Name Ridgewood 2nd Add. Vol. 11 of Plats Pg 40
County Skagit
Net Operating Income 450957
Insurance Expense 51371
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Mount Vernon
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From I-5 take Kincaid exit heading East (turns into Broad) Turn North onto 15th turn East onto Division St then turn North onto Stanford.
High School Buyer To Verify
City Mount Vernon
Senior Community Y/N N
High School District Mount Vernon
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 835 - Mount Vernon
Lot Size Units Square Feet
Lot Size Square Feet 85000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 54677
Electric Expense 10580
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Very Good
Public Remarks Large 45 unit apartment complex in 4 buildings located within walking distance of schools and the hospital. Situated on two corner lots consisting of 1.95 acres and comprising 44-1 bedroom/1 bath un
Leasable Area 23922
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company PUD
Units Below Grade false
Units In Building Total 45
Water Sewer Garbage 37589
Property Style 56 - 10+ Units
Cap Rate 5.8