0 Arthur PlMount Vernon, WA 98273

For Sale
$595,000

Multifamily Development Opportunity in WA

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 0.67-acre lot, located in Mount Vernon, Washington (zip code 98273, APN P82413, 82414, 82415), presents a compelling multifamily development opportunity. Zoned R-3 for multifamily residential use, this property offers the potential to create three separate duplex lots, all sold together for a total asking price of $595,000. The site boasts numerous existing utilities, simplifying the development process and potentially reducing initial infrastructure costs. The address is on Arthur Pl, Skagit County, WA. Buyers are encouraged to conduct their own due diligence to verify all information provided, as it is deemed reliable but not guaranteed. This is a rare chance to acquire a sizable parcel in a desirable location, perfectly suited for an investor seeking to build and manage rental properties. The property's location in Mount Vernon offers access to local amenities and a growing population, making it an attractive investment for long-term growth. The R-3 zoning ensures flexibility in development plans, allowing for a variety of multifamily housing options. This is a turnkey opportunity for a developer looking to capitalize on the strong demand for rental housing in the area. All information is believed to be accurate but should be independently verified.

Highlights

  • 0.67-acre site.
  • Three contiguous duplex lots offered as a single package.
  • Existing utilities available.
  • Zoned R-3 Multifamily.
  • Information deemed reliable but not guaranteed.

Property Details for 0 Arthur Pl

Property type
Multifamily properties, Apartment buildings
Lot Size (sq. ft)
29,185 SF

Location Insight

City
Mount Vernon
County
Skagit
State
Washington
Latitude
48.424223790097
Longitude
-122.31611664071
Arthur Pl, Mount Vernon, Washington

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0 Arthur Pl
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