1509 Sunset Place, Mount Vernon, WA 98273

$1,200,000
4,624
SqFt

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Listing courtesy of KW North Sound.

List Price
$1,200,000
Status
ACTIVE
MLS#
2518235
Days on Market
84
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
4,624
Area Total SqFt
4624
Annual Tax Ammount
9580
Lot Size (sq ft)
7,840
Sewer
Sewer Connected

Property Description

Consistently well maintained and clean 4 Plex located off Hoag Road in Mount Vernon. T 2 bedroom, 1 baths and Two 3 bedroom, 2 bath units. All units have garages and an exterior parking spot. Each unit has A/C, dishwasher, stove, fridge, washer and dryer. Long standing tenants, one since 2002 and another since 2015 and they want to stay! There have been virtually NO VACINCIES here. Close to schools, shopping, dining, parks, trails, health/medical and the nearby YMCA is a short walk away. Easy commuter location.

Additional Information

List Date
2026-05-05 17:29:12
Community
Mount Vernon
Net Operating Income
$50,242
Gross Adjusted Income
$70,950
Gross Scheduled Income
$70,950
Total Monthly Income
$6,550
Insurance Expenses
$4,423
Water/Sewer/Garbage Expenses
$6,705
Gross Rent Multiplier
17.6
Total Expenses
$20,708
Cap Rate
4
Total Number of Units
4
Unit Name
1509
Potential Terms
Cash, Conventional, VA Loan
Year Built
1987
View
Mountains, Territorial
Roof
Composition
Site Features
Cable TV, Deck, Patio
Energy Source
Electric
School District
Mount Vernon
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Mount Vernon High
Total Monthly Income
$6,550
Gross Scheduled Income
$70,950
Gross Adjusted Income
$70,950
Tax Year
2025
Insurance Expense
$4,423
W/S/G Expenses
$6,705
Total Expenses
$20,708
Net Operating Income
$50,242
Gross Rent Multiplier
17.6
Cap Rate
4
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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