Property Details
130 Stanford Drive
Mount Vernon, WA 98273
$852,000
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Property Overview
Well-taken care of 4 plex on the hill in Mount Vernon. Close proximity to medical, schoools, retail and restaurants. Four 2-bed 1-bath units. Many units have been remodeled with new kitchens, baths and flooring. Central laundry. Off street parking. New roof.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Skagit
Neighborhood
Mount Vernon
Listed
Sep 9, 2025
Original Price
$980,000
Structure Type
Quadruplex
Parcel Number
79170
Tax & HOA
Annual Property Tax
$7,814 (2025)
Est. Monthly Tax
$651/mo
Financial Summary
Cap Rate
6.30%
Net Operating Income
$57,513
Gross Scheduled Income
$75,382
Gross Rent Multiplier
12.00
Total Expenses
$17,869
Building & Use
Building Sq Ft
3,576
Leasable Area
3,526 sqft
Total Units
4
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
13,068 sqft
Year Built
1977
Exterior & Lot
Lot Size
0.30 sqft
Year Built
1977
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Paved, Sidewalk
Exterior Features
Wood
Community & Access
Directions
College Way – East to LaVenture. LaVenture South to Division. Division West to Stanford.
Location
City
Mount Vernon
County
Skagit
Coordinates
48.42186, -122.31627
Additional Information
Tax Year
2025
Annual Taxes
$7,814
Possession
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