901 -905 Metcalf Street, Sedro Woolley, WA 98284

$610,000

Listing courtesy of Windermere RE/North Cascades. Selling Office: Keller Williams Western Realty.

Sold Price
$610,000
List Price
$660,000
Status
SOLD
MLS#
1259569
Closing Date
Aug 18, 2020
Days on Market
795
Annual Tax Ammount
6428

Property Description

This is a great opportunity to own a commercial building in historic downtown Sedro-Woolley. On the corner of Metcalf and State Street right across from the Woolley Market. This building has new exterior paint & siding as of 2017, new roof coating also done in 2017, building is in good condition, great parking and visibility. 3 units are currently rented out. Each unit has its own heating and cooling system. Please see the virtual tour. The smaller unit is available for lease at $500/month.

Additional Information

Community
Downtown
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
1965
Roof
Flat
Tax Year
2018
Potential Terms
Cash Out, Conventional
Interior Features
Forced Air, Concrete, Wall to Wall Carpet
Flooring
Concrete, Carpet
Driving Directions
From I-5 take Exit 232 (Cook Rd), head East, enter roundabout and take first exit onto W Ferry St, right on WA-20, left on State Rt 9, Left on W State St, right on Metcalf. Building is on the left.
Electric Expenses
204
Net Operating Income
$41,368
Gross Adjusted Income
$41,368
Gross Scheduled Income
$48,600
Cap Rate
6
Total Expenses
$7,232
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