443 & 447 Nardone Court, Burlington, WA 98233
- $325,000
- 1,570
- SqFt
Listing courtesy of RE/MAX Territory NW. Selling Office: RE/MAX Territory NW.
- Sold Price
- $325,000
- List Price
- $345,000
- Status
- SOLD
- MLS#
- 1314848
- Closing Date
- Nov 30, 2018
- Days on Market
- 78
- Style
- 52 - Duplex
- Finished SqFt
- 1,570
- Area Total SqFt
- 1570
- Annual Tax Ammount
- 2840
- Lot Size (sq ft)
- 23,900
- Sewer
- Septic Tank
Property Description
Burlington Duplex conveniently located just minutes from I-5 and downtown. 2 bedroom, 1 bath units, now renting for $1000 per unit. Tenants pay power, garbage, & mow lawn. 5.47 cap rate makes this a great investment. Located on a private dead end street. New complex next door to install a fence on property line.
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Additional Information
- List Date
- 2018-09-13 00:00:00
- Community
- Burlington
- Net Operating Income
- $18,888
- Gross Adjusted Income
- $24,000
- Gross Scheduled Income
- $24,000
- Total Monthly Income
- $2,000
- Insurance Expenses
- $947
- Water/Sewer/Garbage Expenses
- $1,325
- Gross Rent Multiplier
- 14
- Total Expenses
- $5,112
- Cap Rate
- 5.47
- Total Number of Units
- 2
- Unit Name
- 443 & 447
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1989
- View
- Territorial
- Roof
- Composition
- School District
- Burlington
- Total Monthly Income
- $2,000
- Gross Scheduled Income
- $24,000
- Gross Adjusted Income
- $24,000
- Tax Year
- 2018
- Insurance Expense
- $947
- W/S/G Expenses
- $1,325
- Total Expenses
- $5,112
- Net Operating Income
- $18,888
- Gross Rent Multiplier
- 14
- Cap Rate
- 5.47
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