107 n 7th st, mount vernon, WA 98273

Asking Price
The price of a property as listed on the market.

$875,000
Resale (MLS)
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
 · This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $716,132 · This is not a list price. This is the county tax assessor's estimated value for the property. When a list price becomes available we will publish it and along with changes to the contact information.Assessed Value: $624,800
This listing is NOT a foreclosure. Here is your chance to own a 7 unit building in a quiet residential neighborhood. Whether youre an experenced investor aiming to diversify or newcomer seeking reliable entry into the market, this 7-plex combines stability with growth potential. Located east of the city, out of the flood plain, near plenty of employers/commerce including the local hospital, community college and tons of shopping and eateries. Some units have been remodeled/updated with vinyl windows, paint, lighting, and new flooring/carpet. Coin operated laundry in basement and plenty of off-street parking. Bus stop 1 block away. Solid 6.4% CAP rate and all units are currently leased providing immediate rental income and a strong addition to any investment portfolio.This MLS Resale home is a multi family property located in MOUNT VERNON. It offers 0.2 acres in size, 6 beds and 6 baths. Review its detailed information and determine if this MOUNT VERNON MLS Resale has the qualities you are looking for.

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

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Property Info
Property ID923844499
MLS Number2282866
Parcel NumberP54578
CountySkagit
Bedrooms6
Bathrooms6.0
Living Area (sqft)3,000
Price/sqft$291
Year Built01/01/1900
Property TypeMulti-family (5 or more units)
Lot Size0.2 acres
BasementUnspecified Basement
Heating1
Roof TypeGABLE
Style28
Exterior WallsSiding (Alum/Vinyl)
Legal Description(0.1377 AC) LOTS 13 AND 14, BLOCK 18, VERNON HEIGHTS ADDITION TO MT. VERNON, SKAGIT CO., WASH., AS PER PLAT RECORDED IN VOLUME 2 OF PLATS, PAGE 108, RECORDS OF SKAGIT COUNTY, WASHINGTON.

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