Property Details

45337 Main Street
Concrete, WA 98237
$539,950
MLS# 2497778 courtesy of NWMLS Listing firm: NextHome 365 Realty

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45337 Main Street , Concrete, WA 98237, Concrete

1 / 40
Multi-Family
Property Type
2,518
Bldg Sq Ft
2
Units
7.20%
Cap Rate
1910
Year Built

Property Overview

2 HOMES plus a spacious SHOP all on one property in the heart of Concrete, perched above the park with incredible views of the Cascade foothills! The main home has been fully renovated and offers 3 bedrooms, 2 bathrooms, and 1,152 sq ft of updated living, featuring a new roof, fresh interior and exterior paint, new flooring throughout, updated windows, and a new mini-split system for year-round comfort. The second residence is a well-cared-for 3-bedroom, 1-bath home with 1,366 sq ft, complete with its own RV parking and hookups, making it a great option for multi-generational living or continued rental income. Both homes are currently occupied, providing immediate cash flow. The property is rounded out by a large shop with approximately 1,463 sq ft of space for storage, projects, or business use. A rare opportunity with versatility, income, and views all in one!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Skagit
Neighborhood Concrete
Listed Mar 25, 2026
Structure Type Duplex
Parcel Number P104859

Tax & HOA

Annual Property Tax $2,990 (2026)
Est. Monthly Tax $249/mo

Financial Summary

Cap Rate 7.20%
Net Operating Income $38,863
Gross Scheduled Income $49,500
Gross Rent Multiplier 10.90
Total Expenses $10,637

Building & Use

Building Sq Ft 2,518
Leasable Area 2,518 sqft
Total Units 2
Lot Size 9,583 sqft
Year Built 1910

Exterior & Lot

Lot Size 0.22 sqft
Year Built 1910
Exterior Materials Metal/Vinyl, Wood
Parking RV Parking
Sewer Sewer Connected
Water Source Public
Lot Features Corner Lot
Exterior Features Metal/Vinyl, Wood

Community & Access

Directions Directions: SR 20 to Superior, North on Superior to corner of Main and Superior.

Location

City Concrete
County Skagit
Coordinates 48.53874, -121.75879

Additional Information

Tax Year 2026
Annual Taxes $2,990
Possession Array
Listed By
Scott Friedl
NextHome 365 Realty

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