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902 25th St

7 Unit Apartment Building Offered at $1,200,000 at a 6.96% Cap Rate in Anacortes, WA 98221

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Executive Summary

Don’t miss this incredible investment opportunity in the heart of beautiful Anacortes, Washington! This 7-plex features six 1-bedroom/1-bath units and one spacious 2-bedroom/1-bath unit, making it an ideal property for steady rental income. Enjoy the stability of a few long-term tenants and the flexibility of one vacant unit, ready for a new tenant or potential owner-occupancy. Nestled in a desirable location near local amenities, parks, and the waterfront, this property offers both convenience and charm. A rare chance to grow your portfolio in a thriving rental market—schedule a showing today and secure your future with this exceptional multifamily property!

Property Facts

Price	$1,200,000	Property Type	Multifamily
Price Per Unit	$171,429	Building Size	3,259 SF
Sale Type	Investment	No. Stories	2
Cap Rate	6.96%	Year Built	1900
Gross Rent Multiplier	12.64	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
No. Units	7

Price	$1,200,000
Price Per Unit	$171,429
Sale Type	Investment
Cap Rate	6.96%
Gross Rent Multiplier	12.64
No. Units	7
Property Type	Multifamily
Building Size	3,259 SF
No. Stories	2
Year Built	1900
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.