Mount Vernon, WA 98273 2008 E College Way
$999,999
10 more
Presented By: NextHome Preview Properties and NWMLS
- MLS# 2388370
- 06/16/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 1,196
Home Details
INVESTMENT ALERT! Prime Development Opportunity on East College Way with two homes producing a combined rental income of $3200 per month plus land for future development potential. This unique offering comprises two individual parcels: Parcel 1 (P25686): This commercially zoned parcel currently features two existing homes, presenting immediate rental income. Parcel 2 (P26010): This adjacent parcel offers a blank canvas of vacant, unimproved land, ready for your vision to take shape. The combined 2.42 acres provide ample space for a significant project, benefiting from excellent exposure! Buyer to verify all information and development potential to own satisfaction.
Presented By: NextHome Preview Properties and NWMLS
Interior Features for 2008 E College Way
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringHardwood, Vinyl Plank
Heating Y/NYes
Power Production TypeElectric, Wood
Total Fireplaces
Total Stories2
General for 2008 E College Way
Building Area UnitsSquare Feet
Cap Rate
Carport Spaces
Carport Y/NNo
CityMount Vernon
CoolingNone
CountySkagit
DirectionsFrom I-5 head east on College Way for about 1 mile.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingForced Air, Stove/Free Standing, Wall Unit(s)
High School DistrictMount Vernon
Insurance Expense2292.44
Leasable Area2196
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet104871
Lot Size UnitsSquare Feet
MLS Area835 – Mount Vernon
ModificationTimestamp2025-08-05T23:37:10.914Z
NWM_ShowMapLinkY
Net Operating Income32792
New ConstructionNo
Number Of Units Total0
Open Parking Spaces0
PossessionClosing
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksINVESTMENT ALERT! Prime Development Opportunity on East College Way with two homes producing a combined rental income of $3200 per month plus land for future development potential. This unique of
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameMount Vernon
Tax Annual Amount3314.6
Tax Year2025
Units Below Gradefalse
Water Sewer Garbage0
Year Built1900
Exterior for 2008 E College Way
Building Area Total1196
Covered Spaces2
Exterior AmenitiesWood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Size Acres2.4075
Parking Uncovered Spaces0
Total Parking0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®