Listing Office: RE/MAX Whatcom County, Inc.
About 107 N 7th
Here is your chance to own a 7 unit building in a quiet residential neighborhood. Whether you’re an experienced 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.
Features of 107 N 7th
MLS® # | 2282866 |
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Price | $875,000 |
Bathrooms | 0.00 |
Square Footage | 3,000 |
Acres | 0.20 |
Year Built | 1900 |
Type | Residential Income |
Sub-Type | Multi-Family |
Status | Active |
Community Information
Address | 107 N 7th |
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Area | 835 - Mount Vernon |
Subdivision | Mount Vernon |
City | Mount Vernon |
County | Skagit |
State | WA |
Zip Code | 98273 |
Amenities
Parking Spaces | 6 |
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Is Waterfront | No |
Interior
Heating | Insert |
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Cooling | None |
Fireplace | No |
# of Stories | 3 |
Exterior
Exterior Features | See Remarks, Wood Products |
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Foundation | Poured Concrete |
School Information
District | Mount Vernon |
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Additional Information
Days on Market | 4 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RE/MAX Whatcom County, Inc. |
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