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Listed by:Pettruzzelli Inc • Dominic Pettruzzelli
$2,300,000
Est. payment /mo
13,100 SqFt
New
701 S 1st ST Mount Vernon, WA 98273
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,100 sqft
Price per Sqft $175
Subdivision Downtown
MLS Listing ID 2550902
Style 56 - 10+ Units
Year Built 1908
Annual Tax Amount $12,015
Lot Size 7,227 Sqft
Property Sub-Type Multi Family
Property Description
Fantastic investment opportunity in prime downtown Mount Vernon location. Fully rented, this 13,000 square foot property features a beloved, long-term retail tenant on the main floor with ample living space above. On the second floor you'll find a mix of 18 rental units which include full apartments and individual rooms along with communal kitchen, restrooms, and coin operated laundry. These units offer a great opportunity for low income housing and are in great demand. Located in the heart of downtown, this historic building is within easy walking distance of the Skagit Riverwalk, grocery stores, restaurants, the Lincoln Theatre, summer concerts, farmers markets, shops, and everything downtown Mount Vernon offers.
Location
State WA
County Skagit
Area 835 - Mount Vernon
Interior
Flooring Vinyl
Fireplace false
Exterior
Exterior Feature Cement/Concrete
Amenities Available High Speed Internet
View Y/N No
Roof Type Flat,Torch Down
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Mount Vernon
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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