Property Details

388 Polska Street
Sedro Woolley, WA 98284
$1,199,000
MLS# 2502149 courtesy of NWMLS Listing firm: John L. Scott Skagit

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388 Polska Street , Sedro Woolley, WA 98284, Sedro Woolley

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388 Polska Street , Sedro Woolley, WA 98284, Sedro Woolley

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Multi-Family
Property Type
3,260
Bldg Sq Ft
2
Units
5.25%
Cap Rate
2026
Year Built

Property Overview

Brand new duplex that can be built in Sedro Woolley in upscale Bucko Estates. Seller will pay 3% closing costs/rate buydown with a full price offer so this is a great buy! (Ask about other options if buyer cannot wait for the duplex to be built.) This brand new duplex is 3 bedrooms/2-1/2 bath almost 1800 square feet with a 2 car garage on each side. Lots of parking. LVP flooring in the great room area w/a gas fireplace with wood mantle. Kitchen has a gas range, dw, micro hood and quartz countertops. 3 bedrooms & 1/.75 baths upstairs. The finishes on the duplex are high end throughout which helps command a higher rent. The backyard is fenced! There's a park for the playground, pickleball and basketball too! Estimated completion date would be for a start when listed so this date would fluctuate based on the time of an offer. Pictures are of a different duplex with the same/similar floorplan & finishes. Exterior paint will differ. Start with a new property for less maintenance & a better return!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Skagit
Neighborhood Sedro Woolley
Listed Apr 14, 2026
Structure Type Duplex
New Construction Yes
Parcel Number P137433

Tax & HOA

Annual Property Tax $7,433 (2026)
Est. Monthly Tax $619/mo
HOA Fee $220/monthly

Financial Summary

Cap Rate 5.25%
Net Operating Income $62,955
Gross Scheduled Income $92,736
Gross Rent Multiplier 12.94
Total Expenses $25,144
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 3,260
Leasable Area 3,593 sqft
Total Units 2
Lot Size 9,008 sqft
Year Built 2026

Exterior & Lot

Lot Size 0.21 sqft
Year Built 2026
Garage 4 spaces
Exterior Materials Cement, Cement Plank, Wood
Sewer Sewer Connected
Water Source Public
Lot Features Curbs, Paved, Sidewalk
Exterior Features Cement/Concrete, Cement Planked, Wood Products

Community & Access

Directions I-5 Cook Road exit 232. E on Cook Road into Sedro Woolley. Follow Hwy 20 to Cook Road. Left or North on N Trail Road from Cook Road. R on Legacy Way to Polska Street. R on Polska Street to end.

Location

City Sedro Woolley
County Skagit
Coordinates 48.50936, -122.24840

Additional Information

New Construction Yes
Tax Year 2026
Annual Taxes $7,433
Possession Array
Listed By
Kim Woodmansee
John L. Scott Skagit

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