19057 Cedardale Rd

Mount Vernon, WA 98273
  • $649,000
  • STATUS: Pending Feasibility
  • ON SITE: 685 days
  • ID#: 803298
Under Contract
UPDATED: 42 min ago
$649,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,000
    SQFT
  • $81
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

School District:
Listing Courtesy of Real Estate 2000 Inc..

Description

Fantastic Investment property, 12 units on 1.5 acre $116,000 income potential - 8 units currently rent for $73,500 yearly, finish the interior of 4 existing units and bring total rents to $116000+ for year. (8) 2 beds (4) 1 Bed units, on public water. Owner financing, scenic setting with territorial views of farm land and foothills. Hurry on this one, excellent for a handy man - Investor.

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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-04-28T13:18:36.41.

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www.home4investment.com/homes/52600308

19057 Cedardale Rd Mount Vernon, WA 98273

  • Price: $649,000
  • Status: Pending Feasibility
  • Updated: 42 min ago
  • ID#: 803298
0
Beds
0
Baths
0
½ Baths
1.5
Acres
8,000
SQFT
$81
$/SQFT
1940
Built
Neighborhood:
Mount Vernon
County:
Skagit
Area:
Mount Vernon
School District:
Mount Vernon
Property Description
Fantastic Investment property, 12 units on 1.5 acre $116,000 income potential - 8 units currently rent for $73,500 yearly, finish the interior of 4 existing units and bring total rents to $116000+ for year. (8) 2 beds (4) 1 Bed units, on public water. Owner financing, scenic setting with territorial views of farm land and foothills. Hurry on this one, excellent for a handy man - Investor.
Exterior Features

Building Condition Fixer Carport Spaces 0 Exterior Wood Garage Spaces 0 Lot Details Paved Street Lot Dimensions 192' X 330' Roof Cedar ShakeCompositionMetal Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 24 Uncovered Spaces 24 View Territorial

Interior Features

Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 0.00 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Sq Ft 0 Unit2 Bathrooms 0.00 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Sq Ft 0 Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

Property Features

Amenities Thermal Windows Bank Owned No Cap Rate 17.06 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided Gross Adjusted Income 116700 Gross Rent Multiplier 6 Gross Scheduled Income 116200 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3000 Leased Items None Net Operating Income 101505 New Construction YN No Other Expenses 5000 Possession See RemarksSub. Tenant's Rights Power Company Pse Septic Approved For Number Of Bedrooms 0 Sewer Septic Sewer Company Septic Tax Amount 4135 Tax Year 2011 Terms Cash OutConventionalOwner Financing Third Party Approval Required None Total Expenses EXP 15135 Total Expenses TEX 15135 Total Monthly Income 0 Unit1 Monthly Rent 0 Unit2 Monthly Rent 0 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Sewer Garbage 3000 Water Source Public Zoning Jurisdiction County

Listing information © 2017 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 Ben Kinney Real Estate Team - Keller Williams Western Realty 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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2017-04-28T13:18:36.41.

Click here for Digital Millennium Copyright Act
Ben Kinney Real Estate Team - Keller Williams Western Realty
2211 Rimland Drive Suite 124
Bellingham WA, 98226
Listing Courtesy of Real Estate 2000 Inc..