Property Details
1509 Sunset Place
Mount Vernon, WA 98273
$1,200,000
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Property Overview
Consistently well maintained and clean 4 Plex located off Hoag Road in Mount Vernon. T 2 bedroom, 1 baths and Two 3 bedroom, 2 bath units. All units have garages and an exterior parking spot. Each unit has A/C, dishwasher, stove, fridge, washer and dryer. Long standing tenants, one since 2002 and another since 2015 and they want to stay! There have been virtually NO VACINCIES here. Close to schools, shopping, dining, parks, trails, health/medical and the nearby YMCA is a short walk away. Easy commuter location.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Skagit
Neighborhood
Mount Vernon
Listed
May 5, 2026
Financial Summary
Cap Rate
4.00%
Net Operating Income
$50,242
Gross Scheduled Income
$70,950
Gross Rent Multiplier
17.60
Total Expenses
$20,708
Building & Use
Building Sq Ft
4,624
Leasable Area
5,424 sqft
Total Units
4
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
7,841 sqft
Year Built
1987
Exterior & Lot
Lot Size
0.18 sqft
Year Built
1987
Garage
4 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Dead End Street, Paved, Sidewalk
Exterior Features
Wood, Wood Products
Location
City
Mount Vernon
County
Skagit
Coordinates
48.44276, -122.32305
Additional Information
Tax Year
2025
Annual Taxes
$9,580
Possession
Array
Based on information submitted to the MLS GRID as of May 5, 2026 6:30 PM. 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.
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. Copyright 2026 NWMLS. All rights reserved.
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. Copyright 2026 NWMLS. All rights reserved.
