Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
5,142 SF
Price / SF
$311
Year built
1952
The offering
Excellent investment opportunity, this well maintained mixed use building features six one-bedroom residential units and a highly successful laundromat occupying the commercial space. Each apartment is separately metered, with tenants responsible for their own heat, hot water, gas and electricity, minimizing owner expenses. The laundromat is powered by four fuel cell machines, generating excess electricity that benefits the owner. Additionally, the building is outfitted with rooftop solar panels, producing ample energy the owner currently only pays a minimal delivery charge, as the property generates its own electricity. This is a rare, income-producing asset with low operating costs and strong upside potential. Don’t miss out on this unique opportunity it won’t last long
Building & site
Interest conveyedFee simple
Gross building area5,142 SF
Building typeMulti Family
Property typeMulti Family
Year built1952
WaterPublic
SewerPublic Sewer
HeatBaseboard, Natural Gas
Tax parcel550800169.38-3063-36
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Taxes & assessment
2025 taxes
$22,530
Assessed value
$17,000
Land assessment
$4,000
Full market value
$0
Owner of record
425 S 8TH LLC
School district
Mount Vernon
Property class
482
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.