17911 W Big Lake Blvd

    Mount Vernon, WA 98274
    • $1,975,000
    • STATUS: Active
    • ON SITE: 119 days
    • ID#: 1462728
    Price Reduced
    $1,975,000
    • 0
      BEDS
    • 1.71
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,742
      SQFT
    • $184
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Keller Williams Western Realty.

    Description

    Rare No-bank waterfront location offers tenants fantastic access to Big Lake. 0% vacancy rate because who doesn't want to live on the Lake! This well maintained property has 13 individually metered units each with their own electric hot water tank, ample parking, a sandy beach and grassy yard! New carpet in the common areas. Rents are below market value. Additional income can be made by the three fully serviced RV sites connected to the sewer and the coin operated laundry.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate McKenzie Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-20T00:16:09.763.

    www.bhgmckenzie.com/homes/95150329

    17911 W Big Lake Blvd Mount Vernon, WA 98274

    • Price: $1,975,000
    • Status: Active
    • ID#: 1462728
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.71
    Acres
    10,742
    SQFT
    $184
    $/SQFT
    1920
    Built
    Neighborhood:
    Mount Vernon
    County:
    Skagit
    Area:
    Mount Vernon
    Elementary School:
    Big Lake Elem
    Middle School:
    Cascade Mid
    High School:
    Sedro Woolley Snr Hi
    School District:
    Sedro Woolley
    Property Description
    Rare No-bank waterfront location offers tenants fantastic access to Big Lake. 0% vacancy rate because who doesn't want to live on the Lake! This well maintained property has 13 individually metered units each with their own electric hot water tank, ample parking, a sandy beach and grassy yard! New carpet in the common areas. Rents are below market value. Additional income can be made by the three fully serviced RV sites connected to the sewer and the coin operated laundry.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior WoodWood Products Foundation Concrete Block Garage Spaces 0 Lot Details Paved Street Roof Torch Down Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 30 Uncovered Spaces 30 View LakeMountainTerritorial Waterfront Bank-LowLakeNo Bank

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Wall Unit1 Bathrooms 1.00 Unit1 Bedrooms 0 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 325 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 450 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 450 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 450 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 450 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 450 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Coin Op LaundrySee Remarks Bank Owned No Cap Rate 5.16 Electrical Expenses 4452 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-FamilyResidential Gross Adjusted Income 0 Gross Rent Multiplier 13 Gross Scheduled Income 162600 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 4822 Leased Items None Net Operating Income 101935 New Construction YN No Other Expenses 16044 Possession ClosingSee RemarksSub. Tenant's Rights Power Company Pse Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Big Lake Sewer Site Features Cable TVFenced-PartiallyRV Parking Tax Amount 10493 Tax Year 2019 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 60665 Total Expenses TEX 60665 Total Monthly Income 13525 Unit1 Monthly Rent 800 Unit2 Monthly Rent 800 Unit3 Monthly Rent 800 Unit4 Monthly Rent 800 Unit5 Monthly Rent 900 Unit6 Monthly Rent 850 Vacancy Rate 0 Water Company Pud Water Sewer Garbage 24853 Water Source Public Zoning Jurisdiction County

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Better Homes and Gardens Real Estate McKenzie Group and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate McKenzie Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-09-20T00:16:09.763.

     
    Better Homes and Gardens Real Estate McKenzie Group
    19188 Eighth Avenue NE
    Poulsbo WA, 98370
    Listing Courtesy of Keller Williams Western Realty.