Property Details

2010 Sandalwood Street
Mount Vernon, WA 98273
$570,000
MLS# 2468749 courtesy of NWMLS Listing firm: Brown McMillen Real Estate

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2010 Sandalwood Street , Mount Vernon, WA 98273, Mount Vernon

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2010 Sandalwood Street , Mount Vernon, WA 98273, Mount Vernon

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Multi-Family
Property Type
1,664
Bldg Sq Ft
2
Units
5.00%
Cap Rate
1979
Year Built

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
Listed By
Ryan Scally
Brown McMillen Real Estate

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