15256 N Wall Street, Mount Vernon, WA 98273

$395,000
1,680
SqFt

Listing courtesy of NextHome Preview Properties. Selling Office: Marketplace Sotheby's Intl Rty.

Sold Price
$395,000
List Price
$420,000
Status
SOLD
MLS#
2000615
Closing Date
Nov 07, 2022
Days on Market
3
Style
52 - Duplex
Finished SqFt
1,680
Area Total SqFt
1680
Annual Tax Ammount
4454
Lot Size (sq ft)
11,326
Sewer
Sewer Connected

Property Description

Excellent opportunity for the savvy investor! This income producing property offers a duplex and a single wide mobile home for added income. There is much more potential with this investment than being utilized in it's current rough condition. Don't miss out on this "Dirty Goldmine"!

Additional Information

List Date
2022-11-04 00:00:00
Community
West Mount Vernon
Net Operating Income
$16,216
Gross Adjusted Income
$22,800
Gross Scheduled Income
$22,800
Total Monthly Income
$1,900
Insurance Expenses
$1,135
Water/Sewer/Garbage Expenses
$1,400
Gross Rent Multiplier
18.4
Total Expenses
$6,989
Cap Rate
4
Total Number of Units
3
Unit Name
15256
Potential Terms
Cash Out, Owner Financing, See Remarks
Year Built
1900
Roof
Composition, Flat, See Remarks
Site Features
Outbuildings
Heating/Cooling Type
Forced Air
Energy Source
Natural Gas
School District
Mount Vernon
Total Monthly Income
$1,900
Gross Scheduled Income
$22,800
Gross Adjusted Income
$22,800
Tax Year
2022
Insurance Expense
$1,135
W/S/G Expenses
$1,400
Total Expenses
$6,989
Net Operating Income
$16,216
Gross Rent Multiplier
18.4
Cap Rate
4
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