Lease option
Lease with Purchase Option · 3BR/2.0BA · Mt Vernon, WA
1420 Roosevelt Ave, Mt Vernon, WA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units3
Beds / baths5 / 2.5
Living area3,680 sqft
Lot0.28 acres
Year built1941
About this deal
Rent-to-own in Mt Vernon, WA. Single Family — 3 bed, 2.0 bath, 1,936 sq ft. Lease-option price of $450,000. Monthly rent credits negotiable; lock in today's price and move toward ownership on your own timeline.
The numbers
- Cap rate
- 5.6%
- Net operating income
- $22,512/yr
- Cash flow
- +$1,876/mo
- Occupancy
- 2 of 3 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.