924 - 926 CRESTVIEW Lane, Mount Vernon, WA 98273

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Listing Broker: WeLakeside; Alex Jung; ; Selling Office: KW Everett.

Sold Price
$625,000
List Price
$625,000
Status
SOLD
MLS#
2500015
Closing Date
May 20, 2026
Days on Market
8
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,920
Area Total SqFt
1920
Annual Tax Ammount
6567
Lot Size (sq ft)
8,712
Sewer
Sewer Connected

Property Description

Fully remodeled duplex offering strong in-place income and excellent investment potential in a desirable Mount Vernon location. Each unit features 2 bedrooms and 1.5 bathrooms with functional layouts, efficient living areas with lots sun, new kitchen / bathroom cabinets, providing immediate value with additional upside. Additional highlights include updated recessed LED lights, new Vinyl / Laminate floors, private oversize one-car garage for each unit, and fenced backyards offering privacy and minimum maintenance. Conveniently located just minutes from I-5 with easy access to major employers, shoppings, and dinings. Strong rental demand in the area supports stable cash flow, making this an ideal opportunity for both investors and owner-occupants.

Additional Information

List Date
2026-05-12 00:00:00
Community
Mount Vernon
Net Operating Income
$39,807
Gross Adjusted Income
$47,880
Gross Scheduled Income
$50,400
Total Monthly Income
$4,200
Insurance Expenses
$1,506
Gross Rent Multiplier
12.4
Total Expenses
$8,073
Cap Rate
6.37
Vacancy Rate
5
Total Number of Units
2
Unit Name
924 - 926
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1978
View
Territorial
Roof
Composition
Energy Source
Electric
School District
Mount Vernon
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,200
Gross Scheduled Income
$50,400
Vacancy Rate
5
Gross Adjusted Income
$47,880
Tax Year
2026
Insurance Expense
$1,506
Total Expenses
$8,073
Net Operating Income
$39,807
Gross Rent Multiplier
12.4
Cap Rate
6.37
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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