One of a kind investment opportunity! Centrally located in Mt Vernon, just minutes from I-5, High School, Hospital, College, shops and restaurants! This easily self-managed property with minimal expenses has unmatched character and charm. Current CAP rate at 5.3%, NOI $27,901 is under market and owner currently pays all expenses! Tenants only pay rent! Building has extra space that could increase rents by $700/mo. NEW sewer installed and many upgrades. Perfect combination of location and income!
Sold for $560,000
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2023 | Sold | $560,000+14.5%$213/sqft |
Source: Public Record Report a problem | ||
| 2/22/2021 | Sold | $489,000-2.2%$186/sqft |
Source:  NWMLS as distributed by MLS GRID #1711170 Report a problem | ||
| 7/1/2019 | Sold | $500,000-4.8%$190/sqft |
Source: NWMLS as distributed by MLS GRID #1453113 Report a problem | ||
| 6/15/2019 | Pending sale | $525,000$200/sqft |
Source: John L Scott Real Estate #1453113 Report a problem | ||
| 5/8/2019 | Price change | $525,000+5.2%$200/sqft |
Source: John L Scott Real Estate #1453113 Report a problem | ||
| 8/11/2018 | Price change | $499,000-9.1%$190/sqft |
Source: John L Scott Real Estate #1288696 Report a problem | ||
| 5/10/2018 | Listed for sale | $549,000+15.6%$209/sqft |
Source: John L Scott Real Estate #1288696 Report a problem | ||
| 9/12/2017 | Listing removed | $475,000$181/sqft |
Source: John L Scott Real Estate #1028526 Report a problem | ||
| 7/12/2017 | Price change | $475,000-9.7%$181/sqft |
Source: John L Scott Real Estate #1028526 Report a problem | ||
| 12/24/2016 | Price change | $525,800+5.2%$200/sqft |
Source: John L Scott Real Estate #1028526 Report a problem | ||
| 9/16/2016 | Listed for sale | $499,950$190/sqft |
Source: John L Scott Real Estate #1028526 Report a problem | ||
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Estimated market value
$595,200
