921 South 4th Street

La Conner, WA 98257

$900,000
Price
7
Beds
5.25
Baths
3,370 Sq. Ft.
$267 / Sq. Ft.
3,370
Sq. Ft.
$267
per Sq. Ft.

Description

Incredible Investment Opportunity: Well-maintained tri-plex in charming La Conner, blocks from shops, restaurants and vibrant historic waterfront! This property offers immediate rental income, as two lower units are currently rented with long term tenants. Rent the vacant penthouse upper unit or make it your home. There are two 2-bedroom, 2-bath units on the ground floor and one 3-bedroom, 2-bath unit on the upper floor, each with its own washer and dryer, separate electric meters, secure storage,...Incredible Investment Opportunity: Well-maintained tri-plex in charming La Conner, blocks from shops, restaurants and vibrant historic waterfront! This property offers immediate rental income, as two lower units are currently rented with long term tenants. Rent the vacant penthouse upper unit or make it your home. There are two 2-bedroom, 2-bath units on the ground floor and one 3-bedroom, 2-bath unit on the upper floor, each with its own washer and dryer, separate electric meters, secure storage, and ample parking. Located in a highly desirable area, it’s perfect for experienced investors or newcomers. Don’t miss this chance to own a high-performing property in a sought-after location!
  1. Listed by Rebecca Chamberlain • Windermere RE Anacortes Prop.
  2. Listed by Renee Westlund • Windermere RE Anacortes Prop.

Property Details for 921 South 4th Street

Community Name
La Conner
School District
La Conner
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
09-25-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/27/2024 11:26 AM

Property Details for 921 South 4th Street

StatusPending Inspection
MLS #2294600
Days on Market49
Cumulative Days on Market62
Taxes$5,216 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1991
Lot Size0.34 AC / 15,002 SF
CountySkagit County

Building Information for 921 South 4th Street

Stories2Residences3Year Built1991Building Size-Lot Size0.34 AC / 15,002 SF

Property Information for 921 South 4th Street

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV, Deck, Fenced-Partially, RV Parking, Shop
  • Area: 820 - La Conner
  • Block: 6
  • Elementary School: La Conner Elem
  • Middle Or Junior School: La Conner Mid
  • High School: La Conner High
  • Effective Year Built Source: Public Records
  • Directions: From Maple Ave, turn right on Caledonia, then left on 4th St, property is on the left. (GPS is good)
  • Leased Items: Washer/Dryer
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate, Vinyl Plank, Carpet
  • Features: Laminate Hardwood, Wall to Wall Carpet
  • Amenities: See Remarks,Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 10000
  • Power Company: PSE
  • Sewer Company: Town of LaConner
  • Water Company: Town of LaConner
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1991
  • Photos Count: 39
Lot Information
  • Lot Details: Paved
  • Lot Size Dimensions: 100 x 150
  • Lot Number: 1,2,5
  • Lot Size Source: NWMLS
  • Parcel Number Free Text: P74272
  • Calculated Square Footage: 3370
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3370.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $130
  • Total Expenses: 20026.2
  • Gross Adjusted Income: 63000
  • Gross Rent Multiplier: 15.08
  • Gross Scheduled Income: $63,000
  • Insurance Expense: $2,578
  • Net Operating Income: $42,974
  • Other Expenses: $2,102
  • Total Monthly Income: 5250
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 842
  • Rent Unit 1: $1,250.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 842
  • Rent Unit 2: $1,500.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1685
  • Rent Unit 3: $2,500.00
  • Bedrooms Unit 3: 3
  • Bathrooms Unit 3: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3370.0
  • Leasable Area Units: Square Feet

Property History for 921 South 4th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 921 South 4th Street

Taxable ValueLand$150,900Additions$304,800Total$455,700
Tax Record2022$4,429 ($369 / month)
Home Facts
Baths4Total Finished SqFt3,370 SqFtAbove Ground SqFt3,370 SqFtLot Size15,246 SqFtStyleTriplexYear Built1991Year Renovated2004CountySKAGITAPN4128-006-002-0012

Schools near 921 South 4th Street

This home is within La Conner School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
La Conner Elementary School
PublicK to 5

La Conner Middle School
Public6 to 8

La Conner High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere RE Anacortes Prop.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.