Bought with Brown McMillen Real Estate
$800,000
$875,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
2302 E College Way Mount Vernon, WA 98274
1.45 Acres Lot
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mount Vernon
MLS Listing ID 2227916
Sold Date 08/08/25
Style 55 - 5-9 Units
Year Built 1956
Annual Tax Amount $12,903
Lot Size 1.450 Acres
Property Sub-Type Multi Family
Property Description
This is a unique opportunity to develop multi-unit housing right across from Skagit Valley College. The property currently has three houses that generate rental income, while you can plan the property's highest and best use. The city of Mt. Vernon encourages the development of multi-story units, retail spaces, and mixed-use buildings such as apartments. There is a sewer line located across the back third of the property.
Location
State WA
County Skagit
Area 835 - Mount Vernon
Interior
Flooring Laminate, Vinyl
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Gas Available
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Mount Vernon
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.