1119 S 7th Street, Mount Vernon, WA 98273
- $639,000
- 1,436
- SqFt
Listing courtesy of RE/MAX Whatcom County, Inc..
- List Price
- $639,000
- Status
- ACTIVE
- MLS#
- 2022832
- Days on Market
- 31
- Style
- 52 - Duplex
- Finished SqFt
- 1,436
- Area Total SqFt
- 1436
- Annual Tax Ammount
- 2753
- Lot Size (sq ft)
- 7,405
- Sewer
- Sewer Connected
Property Description
Great investment opportunity! Both units are good-sized & stand-alone units. One unit has 4 bdrms, 1.75 bthrms, a deck off the primary bedroom & a partially fenced yard. Other unit has 3 bdrms, 1.75 bthrms, deck, a fully fenced yard & features high ceilings with laminate floors throughout. Both units are full of potential, so bring your toolbelt & ideas! Back unit has new roof & gutters & front unit has new gutters. Plenty of off-street parking on the property. This duplex sits in a convenient location close to the river walk, restaurants, shopping & charming downtown & just 30 mins to Everett or Bellingham.
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Additional Information
- List Date
- 2022-12-28 23:53:09
- Community
- Mount Vernon
- Net Operating Income
- $47,387
- Gross Adjusted Income
- $52,440
- Gross Scheduled Income
- $55,200
- Total Monthly Income
- $4,700
- Insurance Expenses
- $1,100
- Water/Sewer/Garbage Expenses
- $1,200
- Gross Rent Multiplier
- 11.57
- Total Expenses
- $5,053
- Cap Rate
- 7.41
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 1119
- Potential Terms
- Cash Out, Conventional, VA Loan
- Year Built
- 1900
- Roof
- Composition
- Site Features
- Deck, Fenced-Fully, Fenced-Partially, Patio
- Heating/Cooling Type
- Forced Air, Wall
- Energy Source
- Electric, Natural Gas
- School District
- Mount Vernon
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,700
- Gross Scheduled Income
- $55,200
- Vacancy Rate
- 5
- Gross Adjusted Income
- $52,440
- Tax Year
- 2022
- Insurance Expense
- $1,100
- W/S/G Expenses
- $1,200
- Total Expenses
- $5,053
- Net Operating Income
- $47,387
- Gross Rent Multiplier
- 11.57
- Cap Rate
- 7.41
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