Property Details
2010 Sandalwood Street
Mount Vernon, WA 98273
$570,000
Pending
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Property Overview
Excellent investment opportunity near Skagit Valley College and the YMCA! This well-kept duplex features two spacious 2-bedroom, 1-bathroom units, each with its own single-car garage. The downstairs unit has been tastefully updated with modern finishes, while the upstairs unit has been carefully maintained, showcasing pride of ownership throughout. Both units are currently rented and have a solid history of consistent occupancy, making this a true turn-key investment. The prime location near schools, recreation, and walking distance to the neighborhood park with sports courts and playground ensures ongoing renter appeal and dependable returns. Perfect for investors seeking a reliable addition to their portfolio.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Skagit
Neighborhood
Mount Vernon
Listed
Jan 20, 2026
Original Price
$595,000
Structure Type
Duplex
Parcel Number
P80230
Tax & HOA
Annual Property Tax
$5,485 (2025)
Est. Monthly Tax
$457/mo
HOA Fee
$100/annually
Financial Summary
Cap Rate
5.00%
Net Operating Income
$30,191
Gross Scheduled Income
$40,140
Gross Rent Multiplier
14.82
Total Expenses
$9,949
Building & Use
Building Sq Ft
1,664
Leasable Area
1,664 sqft
Total Units
2
Lot Size
9,583 sqft
Year Built
1979
Exterior & Lot
Lot Size
0.22 sqft
Year Built
1979
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Corner Lot, Cul-De-Sac, Paved, Sidewalk
Exterior Features
Wood
Community & Access
Directions
From I-5, take Exit 227 (College Way) and head east on E College Way. Turn left (north) onto N Laventure Road. Drive north on N Laventure Road and then turn left (west) onto Sandalwood Street.
Location
City
Mount Vernon
County
Skagit
Coordinates
48.44048, -122.31554
Additional Information
Tax Year
2025
Annual Taxes
$5,485
Possession
Array
