Last Sold Price
4,500 sqft$33/sqft
59751 State Rte 20, Marblemount, WA 98267

Description

Excellent investment opportunity in beautiful Marblemount. Price reduced substantially. 4 cottages, 1 duplex equaling 6 rental units sitting on 10 acres. New property manager has recently updated all units and units are currently at 100% occupancy. With sufficient down payment owner is willing to carry contract. Call today for your showing. Price to sell.Excellent investment opportunity in beautiful Marblemount. Price reduced substantially. 4 cottages, 1 duplex equaling 6 rental units sitting on 10 acres. New property manager has recently updated all units and units are currently at 100% occupancy. With sufficient down payment owner is willing to carry contract. Call today for your showing. Price to sell.
LISTING CLOSED: 04/30/2012 12:00 AM

  1. Listed by Kurt A. Acton • Windermere RE Skagit Valley
    P: (360) 424-4901 skagit@windermere.com

Property Details for 59751 State Rte 20

Status
MLS #
285643
Days on Market
166
Cumulative Days on Market
623
Taxes
$3,912 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1900
Lot Size
9.58 AC / 417,300 SF
Community Name
Marblemount
School District
Concrete
View
Territorial
Number of Assigned Spaces
12
Total Covered Parking
0
Entry Date
10-14-2011
Sewer
Septic Tank

Location

Listing Courtesy of Windermere RE Skagit Valley

Sold By Windermere RE Skagit Valley

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Building Information for 59751 State Rte 20

Stories1Residences6Year Built1900Building Size-Lot Size9.58 AC / 417,300 SF

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Property Information for 59751 State Rte 20

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: _845ConcreteUpRi
  • Directions: State Route 20 east to Marblemount, on the left just before you enter Marblemount.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2011
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 12.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Features: Forced Air
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood
  • Roof: Metal
Property
Utilities
  • Water Source: Community, Individual Well
  • Water/Sewer/Garbage: 180
  • Power Company: PSE
  • Sewer Company: Septic
  • Power Production Type: Electric, Propane
  • Utilities: Septic System, Electric, Propane, Individual Well
Property and Assessments
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: No
  • Special Listing Conditions: None
  • Photos Count: 0
Lot Information
  • Parcel Number Free Text: P45097
  • Building Condition: Good
  • Calculated Square Footage: 4500
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4500.0
  • 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
  • Vacancy Rate: 19
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 8097
  • Gross Adjusted Income: 27303
  • Gross Rent Multiplier: 6
  • Gross Scheduled Income: $35,400
  • Insurance Expense: $1,905
  • Net Operating Income: $27,303
  • Other Expenses: $2,100
  • Total Monthly Income: 35400
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4750.0
  • Leasable Area Units: Square Feet

Property History for 59751 State Rte 20

DateEvent & SourcePriceAppreciation
Apr 30, 2012

Sold

NWMLS #285643

$150,000
Mar 28, 2012

Pending

NWMLS #285643

Oct 14, 2011

Listed (Active)

NWMLS #285643

$219,950
DateEvent & SourcePrice
04/30/2012

Sold

NWMLS #285643

$150,000
03/28/2012

Pending

NWMLS #285643

10/14/2011

Listed (Active)

NWMLS #285643

$219,950

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

Schools near 59751 State Rte 20

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

Twin Cedars High School
Public7 to 12

Concrete 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.

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Listing Courtesy of Windermere RE Skagit Valley

Based on information submitted to the MLS GRID as of 09/05/2024 05:21 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.