1781 Old Hwy 99 North Road, Burlington, WA 98233

$705,000

Listing courtesy of American Dream R. E. Services. Selling Office: Keller Williams Western Realty.

Sold Price
$705,000
List Price
$784,000
Status
SOLD
MLS#
1383156
Closing Date
Jul 29, 2019
Days on Market
213
Annual Tax Ammount
5603

Property Description

Located directly between Burlington and Bellingham, offering a perfect investment opportunity close to I-5. Current rents bring $7100 month. 40,075 sq/ft lot provides many parking spaces, with a fully fenced area to the NE that accesses a large 2 bay garage/shop space. Inside, a 6 ton gantry is included. Main level office area-waiting room, kitchen, conference area, other offices. Upstairs a living space+more office rooms available. Security System. 3 Phase 440 Power. Video Available.

Additional Information

Community
Alger
Style
73 - Office
Year Built
1900
# of Assigned Spaces
22
Roof
Composition
Tax Year
2018
Potential Terms
Cash Out, Conventional
Interior Features
Forced Air, Wall to Wall Carpet
Flooring
Vinyl, Carpet
Driving Directions
From Hwy 20 in Burlington take I-5 North to Exit 240. Right on Lake Samish Rd. Go through Hwy 99 intersection. Property on SE corner.
Electric Expenses
2100
Other Expenses
1800
Net Operating Income
$5,800
Gross Adjusted Income
$22,800
Gross Scheduled Income
$88,800
Water/Sewer/Garbage Expenses
$3,948
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