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Listing Firm: Keller Williams Western Realty: Erik H. Pedersen

Bought With: John L Scott Madrona Group : Tri Nguyen

SOLD On March 1, 2022
NWMLS # 1880330

$690,000

  • Sold Price
  • - Beds
  • - Baths
  • 2574 Sq.ft.

507 N 1st Street #A-C, Mount Vernon, WA 98273

Listings with the three tree icon are courtesy of NWMLS

About This Property

Tri-Plex w 5.5 Cap Rate and strong rental history. Lots of windows for good natural light. Nice open floor plans. Storage lockers for each unit and coin-op laundry for additional income. There is a possible Fourth Unit that is unfinished. Gas heat for each unit, separate meters, ample off-street parking. New roof in 2017. The A unit is recently vacated so a good time for an owner-occupied opportunity. The other two leases are on a mo/mo basis. Great investment!

Buyer's Agent: Tri Nguyen • John L Scott Madrona Group

Listed by: Erik H. Pedersen • Keller Williams Western Realty

Aris360 Last Checked: 1 Minute Ago (May 24, 2025 07:33 AM)

  • Source: NWMLS as Distributed by MLS Grid #1880330

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 1st
  • Zip/Postal Code: 98273
  • City: Mount Vernon

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$3,847 per month
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Property Features

  • County
    • Mount Vernon
  • Community
    • 835 - Mount Vernon
  • MLS Area
    • 835 - Mount Vernon
  • Longitude
    • -122.337485
  • Latitude
    • 48.425433
  • Directions
    • From I-5, take College Way exit. Right at bottom of ramp. Right on Riverside Drive. Right on Fir. Left on N 1st Street. Triplex on right.

  • Interior
    • Forced Air
    • Laminate Hardwood
    • Wall to Wall Carpet
  • Floors
    • Laminate
    • Vinyl
    • Vinyl Plank
    • Carpet
  • Power Production Type
    • Electric
    • Natural Gas
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 53 - Tri-plex
  • Parking Spaces
    • 6
  • Lot Description
    • Paved,
  • Foundation
    • Block,
    • Poured Concrete,
    • Slab,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Site Description
    • Cable TV,Deck,Gas Available
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Good,
  • Water
    • Skagit PUD
  • Building Total Area (Sq. Ft.)
    • 8712
  • Has View
    • Yes
  • Utilities
    • Cable Connected,
    • Natural Gas Available,
    • Sewer Connected,
    • Electric,
    • Natural Gas Connected,
  • View Description
    • Territorial,

  • High School District
    • Mount Vernon
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Mount Vernon High

  • Possession
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2021
  • Structure Type
    • Condominium,
  • Tax Amount
    • $4210
  • Year Built
    • 1922
  • Effective Year Built
    • 1922
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sat May 24 2025 . 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.

May 24, 2025 07:33 AM