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Off market
  • $2,221,100

    511 Morris St, La Conner, WA 98257

    3beds
    0baths
    7,481sqft
    MultiFamily
    Built in 2008
    -- sqft lot
    $2,221,100 Zestimate®
    $297/sqft
    $2,137 Estimated rent

    Home value

    $2,221,100

    $1.89M - $2.60M

    $2,137/mo

    Zestimate® history
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    Owner options

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    $2,137/mo

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    $2,137/mo

    Rent Zestimate®

    Refinance and save

    $13,173/mo

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    $13,173/mo

    Est. payment

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    What's special

    Amazing opportunity in the heart of La Conner! This fully sprinkled building features three commercial units on the main level & three, 1,200 SF apartments on the 2nd level. All upper units were originally designed to be 2 bedrooms but the owner opted for huge living rooms but can easily be converted into 2 bedroom units. Huge decks on the upper level are a great place to relax & enjoy the sunshine! Nice big windows in all the units make these feel extra bright & sunny. Built in 2008, this building has been extremely well maintained & was specifically designed to fit the La Conner feel while still maintaining a modern style. Same tenants have occupied the units for years. Gross income is $118,044 & NOI is $89,271.38 w/ a cap rate of 5%.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    Heating
    • Baseboard, Forced air
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Flooring: Carpet, Concrete
    Interior area
    • Total interior livable area: 7,481 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 10,018 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 2008

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Public

    Community & neighborhood

    Location
    • Region: La Conner

    Other

    Other facts
    • Property type: MULT
    • Dishwasher4: Y
    • Refrigerator4: Y
    • Range/oven4: Y
    • Washer/dryer4: Y
    • Refrigerator5: Y
    • Range/oven5: Y
    • Range/oven6: Y
    • Washer/dryer5: Y
    • Washer/dryer6: Y
    • Refrigerator6: Y
    • Dishwasher5: Y
    • Dishwasher6: Y
    • Sewer: Sewer Connected
    • Possesion: Sub. Tenant's Rights
    • Water source: Public
    • Heating and cooling: Baseboard, Forced Air
    • Lot details: Paved Street, Curbs, Sidewalk
    • General zoning: Multi-Family, Commercial
    • Exterior: Wood
    • Energy source: Natural Gas
    • Form 17: Exempt
    • Style: 55 - 5-9 Units
    • Roof: See Remarks
    • Potential terms: Cash Out
    • Floor covering: Wall to Wall Carpet, Concrete, Engineered Hardwood
    • Bathrooms3: 0.00
    • Bathrooms1: 0.00
    • Bathrooms2: 0.00
    • Bathrooms4: 1.75
    • Bathrooms5: 1.75
    • Bathrooms6: 1.75
    • Offers: Reviewed on receipt
    • Commission: 2.5

    Price history

    DateEventPrice
    10/6/2021Listing removed--
    Source: RE/MAX International Report a problem
    9/18/2021Pending sale$1,800,000$241/sqft
    Source: NWMLS as distributed by MLS GRID #1745273 Report a problem
    5/27/2021Listed for sale$1,800,000$241/sqft
    Source: RE/MAX International #1745273 Report a problem
    5/19/2021Pending sale$1,800,000$241/sqft
    Source: Local MLS #1745273 Report a problem
    3/19/2021Listed for sale$1,800,000+554.5%$241/sqft
    Source: Local MLS #1745273 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 98257

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: La Conner

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.