Sold
Last Sold Price
4,500 sqft

59751 State Rte 20, Marblemount, WA 98267

Multi FamilyProperty Type
9.58 acresLot Size
1900Year Built
$33/sq ftPrice per sq ft
12 carsParking Spaces

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.
  • Listed by: Kurt A. Acton 360.424.4901 skagit@windermere.com • Windermere RE Skagit Valley
Listing closed: 04/30/2012 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 285643
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Location

Listing Courtesy of Windermere RE Skagit Valley

Sold By Windermere RE Skagit Valley

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Property Information for 59751 State Rte 20

Property Details

  • Taxes: $3,912 / year
  • MLS Type: Residential Income
  • 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

Building Information

  • Stories: 1
  • Residences: 6
  • Year Built: 1900
  • Lot Size: 9.58 AC / 417,300 SF

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.