$760,000

8 Beds 3 Baths 3,396 SQFT 0.30 Acres
Type: Multi-Family

3316 E College Way
Mount Vernon, WA 98273

MLS#: 2579849
Presented by: Best Choice Realty LLC; Brent Wolters; 360-920-3513; brentwolters88@gmail.com

Property Description

 

College Way Triplex! A great multifamily property with plenty to offer, conveniently located near Skagit Valley College. The property includes two 3-bedroom, 1-bathroom units in the main two-story building, along with a separate 2-bedroom, 1-bathroom home. Each unit has its own private entrance, giving residents added privacy and convenience. Many important updates have already been completed, including updated bathrooms throughout, newer flooring, fresh paint, and updated appliances. The separate home and one of the units also feature updated kitchens. The large lot provides plenty of space and adds to the overall appeal of the property. With multiple units, separate entrances, ample parking, and numerous updates already completed, this is a property with both flexibility and potential. Zoning allows for a 4th Unit. And there is room for it. A great opportunity for an investor or owner looking for a multifamily property in a convenient location.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate7
Carport Spaces0
Carport Y/NNo
CityMount Vernon
CoolingForced Air
CountySkagit
DirectionsTake Exit 227 and head east. The property is 1/3 of a mile past Skagit Valley College on the right.
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingForced Air
High SchoolBuyer To Verify
High School DistrictMount Vernon
Insurance Expense1512.1
Leasable Area3,396 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet13,068 sqft
Lot Size UnitsSquare Feet
MLS Area835 - Mount Vernon
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income53228
New ConstructionNo
Number Of Units Total3
PossessionClosing
Possible UseMulti-Family
Property ConditionGood
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksCollege Way Triplex! A great multifamily property with plenty to offer, conveniently located near Skagit Valley College. The property includes two 3-bedroom, 1-bathroom units in the main two-story bui
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameCollege
Tax Annual Amount$6,794
Tax Year2026
Units Below Gradefalse
Units In Building Total3
ViewTerritorial
Water CompanyPUD
Water Sewer Garbage3726.22
Year Built1937
Zoning DescriptionMulti-Family

Exterior

Building Area Total3,396 sqft
Covered Spaces0
Exterior AmenitiesMetal/Vinyl
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesPaved, Sidewalk
Lot Size Acres0.3
Parking Uncovered Total12
Site FeaturesPatio
Total Parking12
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School Buyer To Verify Middle School
Elementary School Buyer To Verify Elementary School
High School Buyer To Verify High School

  

Similar Properties

$760,000

8 Beds 3 Baths 3,396 SQFT 0.30 Acres
Type: Multi-Family

3316 E College Way
Mount Vernon, WA 98273

MLS#: 2579849