45090 Main Street Street # 1-12 Concrete, WA $ 2,375,000
45090 Main Street Street # 1-12
$ 2,375,000
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45090 Main Street Street # 1-12

Concrete, WA, 98237
$ 2,375,000
Baths0.0 Sq 9,888

Monthly Estimate*

$ 15,785

Listed by NextHome Preview Properties
45090 Main Street Street # 1-12, Concrete, WA 98237 - Image 1
45090 Main Street Street # 1-12, Concrete, WA 98237 - Image 2
45090 Main Street Street # 1-12, Concrete, WA 98237 - Image 3
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45090 Main Street Street # 1-12, Concrete, WA 98237 - Image 5
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45090 Main Street Street # 1-12, Concrete, WA 98237 - Image 7
45090 Main Street Street # 1-12, Concrete, WA 98237 - Image 8
45090 Main Street Street # 1-12, Concrete, WA 98237 - Image 9
45090 Main Street Street # 1-12, Concrete, WA 98237 - Image 10
45090 Main Street Street # 1-12, Concrete, WA 98237 - Image 11
Studio

Multi-Family Home for sale in Concrete, WA

for $2,375,000. This 9,888 square foot home was built in 1994 on a lot size of 1.8.

Investment opportunity in growing Eastern Skagit County! Well maintained 12 plex in Concrete, WA. 10-2 bedroom, 1 bathroom units and 2- 1 bedroom, 1 bathroom units, Vacancy rates consistently under 2% for over ten years. Roof replaced on the North building in 2016 and roof replaced on the South building in 2018. Features individual carports for each unit and washer/dryer, range, refrigerator, and dishwasher. Professional landscaping with automatic sprinkler system keep this a very livable community. Owner will consider financing with 50% down.

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Multi-Family Active

Price

$ 2,375,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 12,401

Style

10+ Units

Lot Size

1.8

Year Built

1994

Town/City

Concrete

County/Region

Skagit

MLS | Web ID

2238389

Features
General
Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Forced Air Wall Unit(s)
Cooling None
Possession Closing
Roof Composition
Exterior Features Metal/Vinyl
HOA 0
Year Built 1994
View Mountain(s) Territorial
Unit Number 1-12
Property SubType Multi-Family
Tax Year 2023
County Skagit
Net Operating Income 85109
Insurance Expense 2960
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Concrete
Possible Use Residential
Special Listing Conditions None
Status Active
Directions Hwy 20 west from Sedro Woolley to Concrete. Coming into Concrete turn left on S. Superior Avenue. Go up to Main Street and turn left.
High School Concrete High
City Concrete
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Concrete
Open Parking Spaces 12
NumberOfUnitsTotal 12
MLS Area 845 - Concrete & Up River
Lot Size Units Square Feet
Lot Size Square Feet 78408
Waterfront Y/N N
Carport Spaces 12
Carport Y/N N
Street Name Main Street
Listing Terms Cash Out Conventional Owner Financing
Elementary School Concrete Elem
Tax Annual Amount 12401
Electric Expense 80
Fuel Expense 8724
Middle/Junior High School Concrete Mid
Property Condition Very Good
Public Remarks Investment opportunity in growing Eastern Skagit County! Well maintained 12 plex in Concrete WA. 10-2 bedroom 1 bathroom units and 2- 1 bedroom 1 bathroom units Vacancy rates consistently under 2%
Leasable Area 9888
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Water Company Town of Concrete
Units Below Grade false
Units In Building Total 12
Zoning Class Residential
Water Sewer Garbage 26709
Property Style 56 - 10+ Units
Cap Rate 3.6
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Bedrooms Possible 0
Power Production Type Electric Propane
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Corner Lot Cul-De-Sac Open Space Paved
Water Source Public
Total Parking 24
Foundation Details Poured Concrete
Building Area Total 9888
Lot Size Acres 1.8
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Deck Patio Propane
Parking Uncovered Spaces 12
Lot Number 3 4 5
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Internal Only
OriginalMLSID NWM2238389
Street Number 1 45090
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* Excluded Features
List By
John K. Whitney

Listing Agent

Nexthome Preview Properties

Broker

Affordability Calculator

$16,818
Per Month
94%
6%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
$1,033
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
256904 Elementary School
258041 Middle School
Concrete High High School
Pricing History
DatePricePrice ChangeDescription
5/16/2024$2,375,000 Listed Price

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45090 Main Street Street # 1-12, Concrete, WA, 98237 is a Multi-Family Home for sale at $2,375,000 with 9,888 sqft and a lot size of 1.8. 45090 Main Street Street # 1-12 is a studio with 0.0 baths and was built in 1994. The property's zip code is 98237 which is in Concrete, WA