45090 Main Street, Unit 112

Concrete, WA 98237

$2,375,000
Price
22
Beds
12
Baths
9,888 Sq. Ft.
$240 / Sq. Ft.
9,888
Sq. Ft.
$240
per Sq. Ft.

Description

Investment opportunity in growing Eastern Skagit County! Well maintained 12 plex in Concrete, WA. 10-2 bedroom, 1 bathroom units and 2- 1 bedroom, 1 bathroom units, Vacancy rates consistently under 2% for over ten years. Roof replaced on the North building in 2016 and roof replaced on the South building in 2018. Features individual carports for each unit and washer/dryer, range, refrigerator, and dishwasher. Professional landscaping with automatic sprinkler system keep this a very livable community....Investment opportunity in growing Eastern Skagit County! Well maintained 12 plex in Concrete, WA. 10-2 bedroom, 1 bathroom units and 2- 1 bedroom, 1 bathroom units, Vacancy rates consistently under 2% for over ten years. Roof replaced on the North building in 2016 and roof replaced on the South building in 2018. Features individual carports for each unit and washer/dryer, range, refrigerator, and dishwasher. Professional landscaping with automatic sprinkler system keep this a very livable community. Owner will consider financing with 50% down.
  1. Listed by John K. Whitney • NextHome Preview Properties
  2. Listed by Shannon Meadows • NextHome Preview Properties

Property Details for 45090 Main Street, Unit 112

Community Name
Concrete
School District
Concrete
View
Mountain(s), Territorial
Number of Assigned Spaces
24
Total Covered Parking
0
Entry Date
05-16-2024
Energy Source
Electric,Propane
Sewer
Sewer Connected

Location

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LISTING UPDATED: 05/23/2024 10:06 AM

Property Details for 45090 Main Street, Unit 112

StatusActive
MLS #2238389
Days on Market17
Cumulative Days on Market17
Taxes$12,401 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1994
Lot Size1.80 AC / 78,408 SF
CountySkagit County

Location

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Building Information for 45090 Main Street, Unit 112

Stories1Residences12Year Built1994Building Size-Lot Size1.80 AC / 78,408 SF

Payment Calculator

$13,995 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,961

Property Taxes

$1,033

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 45090 Main Street, Unit 112

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Deck, Patio, Propane
  • Area: 845 - Concrete & Up River
  • Block: 6
  • Elementary School: Concrete Elem
  • Middle Or Junior School: Concrete Mid
  • High School: Concrete High
  • Effective Year Built Source: Public Records
  • Directions: Hwy 20 west from Sedro Woolley to Concrete. Coming into Concrete, turn left on S. Superior Avenue. Go up to Main Street and turn left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 12.0
  • Carport: No
  • Open Parking Spaces: 12.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 26709
  • Power Company: PUD
  • Sewer Company: Town of Concrete
  • Water Company: Town of Concrete
  • Power Production Type: Electric, Propane
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • MLS Square Footage Source: public
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1994
  • Photos Count: 11
Lot Information
  • Lot Details: Corner Lot, Cul-De-Sac, Open Space, Paved
  • Lot Number: 3, 4, 5
  • Lot Size Source: public
  • Parcel Number Free Text: P70850
  • Building Condition: Very Good
  • Calculated Square Footage: 9888
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9888.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 12
  • Number of Stories in Building: 1
  • Unit Number: 1-12
  • Vacancy Rate: 2
  • Number Of Units Total: 12
  • Units Below Grade: false
  • Units In Building Total: 12
Financing / Income and Expenses
  • Electric Expense: $80
  • Total Expenses: 50874
  • Gross Adjusted Income: 85109
  • Gross Rent Multiplier: 15.87
  • Gross Scheduled Income: $149,700
  • Insurance Expense: $2,960
  • Net Operating Income: $85,109
  • Other Expenses: $0
  • Total Monthly Income: 12475
  • Fuel Expense: $8,724
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 850
  • Rent Unit 1: $1,100.00
  • Bedrooms Unit 1: 1
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 850
  • Rent Unit 2: $1,050.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 850
  • Rent Unit 3: $975.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 850
  • Rent Unit 4: $1,475.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 850
  • Rent Unit 5: $1,050.00
  • Bedrooms Unit 5: 2
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 850
  • Rent Unit 6: $900.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: true
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 850
  • Rent Unit 7: $950.00
  • Bedrooms Unit 7: 2
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Washer/Dryer Unit 8: true
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 850
  • Rent Unit 8: $850.00
  • Bedrooms Unit 8: 2
  • Fireplaces Unit 8: 0
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 9
  • Washer/Dryer Unit 9: true
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 850
  • Rent Unit 9: $950.00
  • Bedrooms Unit 9: 2
  • Fireplaces Unit 9: 0
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 10
  • Washer/Dryer Unit 10: true
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 850
  • Rent Unit 10: $1,050.00
  • Bedrooms Unit 10: 2
  • Fireplaces Unit 10: 0
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 11
  • Washer/Dryer Unit 11: true
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 850
  • Rent Unit 11: $1,375.00
  • Bedrooms Unit 11: 2
  • Fireplaces Unit 11: 0
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 12
  • Washer/Dryer Unit 12: true
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 850
  • Rent Unit 12: $750.00
  • Bedrooms Unit 12: 2
  • Fireplaces Unit 12: 0
  • Bathrooms Unit 12: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 9888.0
  • Leasable Area Units: Square Feet

Property History for 45090 Main Street, Unit 112

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 45090 Main Street, Unit 112

This home is within Concrete School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 12
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Concrete Elementary School
PublicK to 6

Skagit River School House
PublicK to 12

Concrete High School
Public7 to 12

Twin Cedars High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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45090 Main Street, Unit 112 is a multi-family home for sale in Concrete, WA 98237. This property was listed for sale on May 16, 2024 by NextHome Preview Properties, it's currently listed at $2,375,000. This listing's school district is Concrete School District. Nearby schools include Concrete Elementary School, Skagit River School House and Concrete High School. 45090 Main Street, Unit 112 is a 22-bed, 12-bath, 9,888 sqft multi-family home built in 1994.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Preview Properties

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.