527 N Barker Unit #A & B, Mount Vernon, WA 98273
- $639,000
- 1,792
- SqFt
Listing courtesy of Bellwether Real Estate.
- List Price
- $639,000
- Status
- PENDING FEASIBILITY
- MLS#
- 2206919
- Price Change
- ▼ $6,000 1713132475
- Days on Market
- 58
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,792
- Area Total SqFt
- 1792
- Annual Tax Ammount
- 3855.8
- Lot Size (sq ft)
- 13,068
- Sewer
- Sewer Connected
Property Description
A great location with 2 homes within walking distance to shopping and restaurants in downtown Mount Vernon. 2 separate homes on 1/3 of an acre on dead end road. Live in one (House Hack!) and rent out the other to cover your mortgage. Larger home has 3 bedrooms, 1.5 baths and smaller home has been beautifully updated with custom decks, ductless heating/ac, new floors, all new appliances, new siding, and new roof. It is 560 sq ft with 2 bedrooms, and l bath. Wonderful income property as both homes are currently earning market rent with great tenants. City zoning designation is 112 (2-4 units per lot). Buyer to verify all information.
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Additional Information
- List Date
- 2024-03-06 23:32:11
- Community
- West Mount Vernon
- Net Operating Income
- $40,544
- Gross Adjusted Income
- $50,400
- Gross Scheduled Income
- $50,400
- Total Monthly Income
- $4,200
- Insurance Expenses
- $1,800
- Water/Sewer/Garbage Expenses
- $4,200
- Gross Rent Multiplier
- 12.8
- Total Expenses
- $9,855
- Cap Rate
- 6.28
- Total Number of Units
- 2
- Unit Name
- 527
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1900
- View
- Territorial
- Roof
- Composition
- Energy Source
- Electric, Natural Gas
- School District
- Mount Vernon
- Total Monthly Income
- $4,200
- Gross Scheduled Income
- $50,400
- Gross Adjusted Income
- $50,400
- Tax Year
- 2024
- Insurance Expense
- $1,800
- W/S/G Expenses
- $4,200
- Total Expenses
- $9,855
- Net Operating Income
- $40,544
- Gross Rent Multiplier
- 12.8
- Cap Rate
- 6.28
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