225 N 21st Street, Mount Vernon, WA 98273

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Listing courtesy of Windermere RE Skagit Valley.

List Price
$958,000
Status
PENDING
MLS#
2556848
Price Change
▲ $70,600 1784932471
Days on Market
333
Style
54 - 4-Plex
Finished SqFt
2,984
Area Total SqFt
2984
Annual Tax Ammount
6939
Lot Size (sq ft)
13,332
Sewer
Sewer Connected

Property Description

Well taken care of 4 Plex located on the hill in Mount Vernon. All units have garages and an exterior parking spot. Coin operated laundry on site and a new roof. Close to medical, schools, retail, Division St. and College Way.

Additional Information

List Date
2025-10-22 21:53:12
Community
Mt Vernon Hill
Net Operating Income
$59,902
Gross Adjusted Income
$74,650
Gross Scheduled Income
$74,650
Total Monthly Income
$6,213
Insurance Expenses
$1,701
Water/Sewer/Garbage Expenses
$2,740
Gross Rent Multiplier
13
Total Expenses
$14,658
Cap Rate
6.3
Total Number of Units
4
Unit Name
225
Potential Terms
Conventional
Year Built
1976
Roof
Composition
Other Expenses
3278
Energy Source
Electric
School District
Mount Vernon
Total Monthly Income
$6,213
Gross Scheduled Income
$74,650
Gross Adjusted Income
$74,650
Tax Year
2025
Insurance Expense
$1,701
W/S/G Expenses
$2,740
Total Expenses
$14,658
Net Operating Income
$59,902
Gross Rent Multiplier
13
Cap Rate
6.3
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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