Lease option
Option to Buy · Single Family in Mt Vernon, WA | Flexible Terms
710 E College Way, Mt Vernon, WA · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units3
Beds / baths6 / 2.5
Living area3,695 sqft
Lot0.13 acres
Year built1956
About this deal
Lease with purchase option on a 3-bed, 2.0-bath single-family home in Mt Vernon, WA. Option price $400,000. A portion of monthly rent credits toward your purchase. Great for buyers building credit or saving a down payment. 12–36 month option periods available.
The numbers
- Cap rate
- 7.1%
- Net operating income
- $22,692/yr
- Cash flow
- +$1,891/mo
- Occupancy
- 2 of 3 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.