Mount Vernon Homes with 54 - 4-Plex Style

Mount Vernon Homes with 54 - 4-Plex Style

Welcome to Mount Vernon, Washington, a hidden gem nestled in the heart of Skagit County. This charming city is known for its stunning natural beauty, vibrant community spirit, and rich cultural heritage. Surrounded by breathtaking landscapes, including the majestic Cascade Mountains and the serene Skagit River, Mount Vernon offers a perfect blend of outdoor adventure and urban convenience.

One of the unique housing options in Mount Vernon is the 4-plex style homes, which are gaining popularity among homebuyers and investors alike. These versatile properties provide an excellent opportunity for both living and income generation. Each 4-plex typically consists of four separate units, allowing for multiple rental possibilities or the chance to live in one unit while renting out the others. This style of housing is ideal for families seeking a close-knit community atmosphere or investors looking to expand their portfolio in a thriving market.

Mount Vernon boasts a variety of amenities, including local shops, delightful eateries, and a strong sense of community. Residents can enjoy year-round activities, from the Skagit Valley Tulip Festival in spring to various farmers' markets and outdoor concerts. With excellent schools, parks, and recreational facilities, families will find that Mount Vernon is a wonderful place to call home.

Whether you're looking to settle down in a spacious 4-plex or invest in a property that offers both comfort and potential, Mount Vernon presents an exceptional opportunity. Discover the charm of this picturesque city and experience the lifestyle that awaits you in this delightful corner of Washington State.

Newest Mount Vernon Homes with 54 - 4-Plex Style

$1,199,000
2562279 MLS ACTIVE Status
Investor Alert – Exceptional Cash-Flow Opportunity with Future Value-Add Potential! Now generating $6,395 per month in gross rental income, this turnkey 4-plex offers immediate cash flow with future flexibility. The property consists of a newly renovated triplex plus a detached 2-bedroom, 1-bath home on one lot, with the potential to adjust the lot line and create two separate properties—a standalone home and a triplex (buyer to verify feasibility). Extensively updated, the units feature new appliances, mini-split heating and cooling systems, flooring, windows, kitchens, and bathrooms. Each unit is separately metered for simplified utility management. The triplex includes a one-car garage and additional basement storage. Whether you're looking to maximize your investment or occupy one residence, this property offers outstanding flexibility. Choose to adjust the lot line and sell one property while keeping the other, live in the detached home and rent the triplex, or maintain all four units as income-producing rentals. The detached home features a spacious yard, off-street parking, and scenic river views, making it an attractive rental or owner-occupied residence. Conveniently located near shopping, downtown amenities, and freeway access, this property combines strong in-place income, recent renovations, and future upside. Don't miss this exceptional investment opportunity!

321 N 4th Street Unit #A-D, Mount Vernon

Listing courtesy of Windermere RE Whatcom, Inc..

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