$1,200,000
Pending

2302 E College Way

Mount Vernon, WA 98274
Listing OfficeBrown McMillen Real Estate
Browse 3 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

This is a unique opportunity to develop multi-unit housing right across from Skagit Valley College. The property currently has three houses that generate rental income, while you can plan the property's highest and best use. The city of Mt. Vernon encourages the development of multi-story units, retail spaces, and mixed-use buildings such as apartments. There is a sewer line located across the back third of the property.

  • Property Details
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Elementary SchoolBuyer To Verify
      • Middle SchoolBuyer To Verify
      • High SchoolBuyer To Verify
      • Style55 - 5-9 Units
      • Date ListedApril 24, 2024
      • Exterior FeaturesGas Available
      • Property TypeMulti-Family
      • SubdivisionMount Vernon
      • School DistrictMount Vernon
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • ViewTerritorial
      • Original List Price$1,450,000
      • InteriorLaminate
      • Taxes Annual$12,903
      • MLS #2227916
      • Cost1200000
      • MLS #2227916
      • Property ConditionAverage
      • Utility SourcePublic
      • CountySkagit
      • Lot DescriptionPaved
      • Exterior MaterialsWood
      • Acres1.45
      • Year Built1956
      • Days on Market (Cumulative)205
      • Stories1
Sheley Bressler
$
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
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Loan Amount
$0.00

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