This Multifamily Property is no longer advertised on LoopNet.com.

1615 M Ave
Anacortes, WA 98221
Town Cottage Condos · Multifamily Property For Sale · 13 Units

Property Facts

No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.48 AC
Building Size 11,000 SF
Average Occupancy 92%
No. Stories 2
Year Built 1999
Parking Ratio 1.64/1,000 SF
Zoning Commercial

Amenities

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Property Manager on Site
  • Furnished Units Available
  • Grill
  • Gas Range
  • Smoke Free
  • Trash Pickup - Curbside
  • Community-Wide WiFi

About 1615 M AVE , ANACORTES, WA 98221

Don't miss this impeccable property in Anacortes, Gateway to the San Juan Islands. Coveted high-density, multi-family on 7 city lots. Strong, consistent rental history. Four 1BRs and 9 2BRs. 5 extended-stay from $95-$115/night based on 30-day stay. 8 long-term leases with solid tenants. Beautiful courtyards with tables and BBQs. 1000 sq ft shop with washtub sink, toilet and shower. Potential for two additional units to be build above. Immaculately maintained by owner/builder since '94 (first building) and '99 (second building.) Walking distance to popular Old Town Anacortes - shops, Starbucks, marina, restaurants - and blocks from the schools and hospital. Ideal for locals, visitors and business travelers.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $1,200 700
2+1 8 $1,485 1,000
2+2 1 $1,600 1,000

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • P55476
  • P55477
Land Assessment
$773,500
Improvements Assessment
$1,936,500
Total Assessment
$2,710,000
  • Listing ID: 15935794

  • Date on Market: 5/2/2019

  • Last Updated:

  • Address: 1615 M Ave, Anacortes, WA 98221

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