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Sun-Mark Properties

Sun-Mark Properties
1850 Lake Whatcom Blvd.
Bellingham, WA 98229

360-733-3700
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Listing 14 out of 120
$399,950 Pending Inspection

511 N 1st St
Mount Vernon, WA 98273

2 units | Multi Family Home
11513 sq ft - MLS# 1397057 Courtesy of Larson Real Estate
Property Photo
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Description

Investor alert! Turn-key, legal duplex. This beautifully restored craftsman has extra large bedrooms and tons of storage space. Upper unit, 4bed, 2bath 1560sqft with three bedrooms boasting walk in closets. Newer appliances, new carpet, flooring, paint, and hardware. Lower unit, 3bed, 1bath, 1040sqft with new appliances, carpet, flooring, paint and hardware. Both units have separate entrances with individual washer and dryer. Close to downtown, schools, shopping, and restaurants. Location!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending Inspection
  • County/Area: Skagit County
  • Zip Code: 98273
  • Year Built: 1915
  • School District: Mount Vernon
  • Elementary School: Wash Elem
  • Middle School: La Venture Mid
  • High School: Mount Vernon High
  • Sq.Ft.: 2,560 sq ft
  • Stories: Duplex
  • Units: 2 units
  • # of Parking Spaces: 5
  • Lot Size: 11513 sq ft
  • View: River, Territorial
  • Area: Mount Vernon
  • Amenities: See Remarks
  • Area Number: 835
  • Bathrooms Unit 1: 2.00
  • Bathrooms Unit 2: 1.00
  • Bedrooms Unit 1: 4
  • Bedrooms Unit 2: 3
  • Building Condition: Remodeled
  • Cap Rate - NOI div LP: 8.00
  • Energy Source(heat): Electric, Natural Gas
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $41400
  • Gross Scheduled Income: $41400
  • Heating/Cooling: Wall
  • Insurance Expenses: $797
  • Lot Details: Paved Street
  • Lot Dimensions: 11514
  • Net Operating Income: $34396
  • Number of Stories in Building: 3
  • Number of Uncovered Spaces: 5
  • Other Expenses: $1656
  • Rent Unit 1: $1875
  • Rent Unit 2: $1575
  • Roof: Composition
  • Site Features: Cable TV, Gas Available, Patio
  • Square Feet Unit 1: 1520
  • Square Feet Unit 2: 1040
  • Total Expenses: $7004, $7004
  • Total Monthly Income: $3450
  • Units Below Grade: Yes
  • Water Source: Community
  • Water/Sewer/Garbage: 1500
Courtesy of Larson Real Estate
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-03-25

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Sun-Mark Properties | 360-733-3700 | Contact Us
1850 Lake Whatcom Blvd - Bellingham, WA 98229
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