$3,500,000
For Sale

517 S 20th Street

Mount Vernon, WA 98274
9936 sqft | 0.92 acres | #2321447
Listing OfficeThe Foundation Group LLC
Browse 20 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Mount Vernon Apartments – 12 renovated units with handsome landscaping for sale in the seldom traded Mount Vernon market. All units are 2B/1B (828SqFt) feature W/D, gas furnace, and 2 off-street parking spaces. The property consists of three well-maintained fourplexes set on nearly an acre of land adjacent to a lush city-owned greenbelt, offering a serene, forest-like setting with ample outdoor space. Each unit boasts modern interiors and upgraded exteriors, ensuring durability and style. With strong rental demand, fully renovated units, and flexible financing options on three separate parcels, this turnkey investment offers stability and long-term growth potential in a supply-constrained market.

  • Property Details
      • Lot DescriptionAdjacent to Public Land, Curbs, Sidewalk
      • InteriorLaminate Hardwood
      • Date ListedJanuary 09, 2025
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Style56 - 10+ Units
      • Exterior MaterialsWood Products
      • Property TypeMulti-Family
      • School DistrictMount Vernon
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Original List Price$3,500,000
      • SubdivisionHillcrest
      • Property ConditionRemodeled
      • Taxes Annual$20,452
      • MLS #2321447
      • Cost3500000
      • MLS #2321447
      • Utility SourcePublic
      • CountySkagit
      • Acres0.92
      • Square Feet9936
      • Year Built1985
      • Stories1
      • Days on Market (Cumulative)5
Danny AdamsonReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00