619 S Alder Street, Burlington, WA 98233

$390,000
2,240
SqFt

Listing courtesy of Keller Williams Western Realty. Selling Office: John L. Scott Everett.

Sold Price
$390,000
List Price
$390,000
Status
SOLD
MLS#
1168532
Closing Date
Aug 16, 2017
Days on Market
4
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,240
Area Total SqFt
2240
Annual Tax Ammount
1500
Lot Size (sq ft)
4,792
Sewer
Sewer Connected

Property Description

Hurry on this rare Burlington duplex. Upgraded features included granite counter tops and stamped concrete floor downstairs that have radiant heat. Has full bed and bath on main floor. Large living room with ample light. Smart kitchen layout with granite counter tops. Good sized bedrooms upstairs. Flat yard with some privacy fencing. At 7 years new, enjoy this Investment with little worry! Long term tenants in both units, which have below market rent especially for this quality.

Additional Information

List Date
2017-08-12 00:00:00
Community
Burlington
Net Operating Income
$21,500
Gross Adjusted Income
$21,500
Gross Scheduled Income
$25,200
Total Monthly Income
$2,100
Insurance Expenses
$2,000
Water/Sewer/Garbage Expenses
$1,200
Gross Rent Multiplier
15
Total Expenses
$3,700
Cap Rate
5.5
Total Number of Units
2
Unit Name
619
Potential Terms
Cash Out, Conventional
Year Built
2009
View
Territorial
Roof
Composition
Site Features
Disabled Access, Patio
School District
Burlington
Total Monthly Income
$2,100
Gross Scheduled Income
$25,200
Gross Adjusted Income
$21,500
Tax Year
2017
Insurance Expense
$2,000
W/S/G Expenses
$1,200
Total Expenses
$3,700
Net Operating Income
$21,500
Gross Rent Multiplier
15
Cap Rate
5.5
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