417 E Division St $337,000

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    417 E Division St Mount Vernon, WA 98274

    • 0 Beds
    • 0 Baths
    • 2,041 sq.ft.
    • Multi-Family
    Listing# 1410328 | Active

    $337,000

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    Days On Market: 220 0 Views
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    Property Details

    INVESTOR ALERT! This TRIPLEX has two, one-bedroom one-bathroom units & one studio. Rent is BELOW fair market and tenants are month-to-month. Current owner pays majority of utilities, even though there are separate meters for gas and electricity. With some cosmetic updates, you should be able to increase rent and get NOI above $25,000, translating into a substantial amount of equity and forced appreciation.

    • General Features
      • County Skagit
      • Style 53-Tri-plex
      • Number of Stories 1
      • Number of Units 3
      • Year Built 1924
      • Lot Details Alley, Paved Street, Sidewalk
      • Lot Square Footage 6,098
      • Site Features Deck
      • View Territorial
      • County Skagit
    • Building Features
      • Approx SqFt 2,041
      • Roof Compostion
      • Exterior Metal/Vinyl, Wood
      • Floor Covering Hardwood, Laminate Hardwood, Laminate Tile, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $2,275
      • Net Operating Income $19,287
      • Gross Scheduled Income $27,300
      • Gross Adjusted Income $27,360
      • Total Expenses $8,073
      • Other Expenses $0
      • Insurance Expenses $1,163
      • Expenses $8,073
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 12
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $3,772
      • Energy Source Electric
      • Heating and Cooling Baseboard, Forced Air
      • Water Company City of Mount Vernon
      • Sewer Company Sewer Connected
    • Schools
      • School District Mount Vernon
      • Senior High Buyer To Verify
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify

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    Neighborhood

    98274 (Mount Vernon) Demographics

    44Median Age
    125Population Density (per sq. mile)
    39%College Educated
    $62,575 Estimated Median Income
    4,969Estimated Total Home Owners
    1,593Estimated Total Renters
    76% / 24%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    17,580Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $348,750 Median Sales Price
    50 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $337,000
        5/30/2019 10:01:14 AM Price Reduced Source New Value: $337,000 -2.32%
        5/6/2019 7:10:57 PM Price Reduced Source New Value: $345,000 -1.43%
        4/7/2019 12:00:48 PM Price Reduced Source New Value: $350,000 -1.41%
        2/12/2019 10:21:00 AM New in Database Source New Value: $355,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.