811 S 22nd Street, Mount Vernon, WA 98274

$510,000
2,322
SqFt

Listing courtesy of North Pacific Properties. Selling Office: Integris Real Estate.

Sold Price
$510,000
List Price
$437,500
Status
SOLD
MLS#
1720431
Closing Date
Feb 16, 2021
Days on Market
8
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,322
Area Total SqFt
2322
Annual Tax Ammount
4235
Lot Size (sq ft)
8,276
Sewer
Sewer Connected
Offer Review Date
2021-01-30

Property Description

Looking for a Great Investment? Look no further as this Duplex with Tenants is waiting for you! Constructed as a Side by Side duplex with modern appeal. Each unit has 2 bedrooms with 1 full bath located upstairs. The downstairs kitchen with a skylight provides extra light while the Half Bath has a Convenient Washer/Dryer. It comes with a Bonus room that can be used as a Den, Dining, or Office. The sunken living room leads to a spacious back yard. Each yard is large with a privacy fence in the middle. Side by side garages. Siding replaced 3 years ago, Roof 5 years ago as well as several windows replaced.

Additional Information

List Date
2021-02-08 00:00:00
Community
Mount Vernon
Net Operating Income
$21,485
Gross Adjusted Income
$21,485
Gross Scheduled Income
$30,300
Total Monthly Income
$2,525
Insurance Expenses
$960
Water/Sewer/Garbage Expenses
$3,620
Gross Rent Multiplier
14
Total Expenses
$8,815
Cap Rate
4.9
Vacancy Rate
5
Total Number of Units
2
Unit Name
811
Potential Terms
Cash Out, Conventional
Year Built
1991
Roof
Composition
Site Features
Patio
School District
Mount Vernon
Elementary School
Jefferson Elem
Middle School
Mount Baker Mid
High School
Mount Vernon High
Total Monthly Income
$2,525
Gross Scheduled Income
$30,300
Vacancy Rate
5
Gross Adjusted Income
$21,485
Tax Year
2020
Insurance Expense
$960
W/S/G Expenses
$3,620
Total Expenses
$8,815
Net Operating Income
$21,485
Gross Rent Multiplier
14
Cap Rate
4.9
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