Living Area 0
Sewer Sewer Connected
Heating Radiator
Cooling None
Possession Closing
Roof Flat Torch Down
HOA Fee 0
Garage Spaces 0
Year Built 1908
Property Subtype Multi Family
Tax Year 2026
County Skagit
Net Operating Income 167498
Insurance Expense 11025
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Downtown
Possible Use Business Commercial Multi-Family Office Retail
Special Listing Conditions None
Status Active
Directions Take Exit 226 from I-5 then west on Kincaid to 1st Street then right on 1st to building on left.
City Mount Vernon
Senior Community Y/N N
High School District Mount Vernon
Zoning Description Business Commercial Multi-Family Office Retail
Number Of Units Total 3
MLS Area 835 - Mount Vernon
Lot Size Units Square Feet
Lot Size Square Feet 7227
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 12015
Electric Expense 0
Fuel Expense 0
Public Remarks Fantastic investment opportunity in prime downtown Mount Vernon location. Fully rented this 13 000 square foot property features a beloved long-term retail tenant on the main floor with ample living
Leasable Area 12540
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement
Water Company Skagit PUD
Units Below Grade false
Water Sewer Garbage 33216
Property Style 56 - 10+ Units
Cap Rate 7.28