827 Bella Vista Lane, Burlington, WA 98233

$650,000
3,900
SqFt

Listing courtesy of RE/MAX Whatcom County, Inc.. Selling Office: Windermere RE Anacortes Prop..

Sold Price
$650,000
List Price
$700,000
Status
SOLD
MLS#
1534679
Closing Date
Feb 03, 2020
Days on Market
78
Style
52 - Duplex
Finished SqFt
3,900
Area Total SqFt
3900
Annual Tax Ammount
4151
Lot Size (sq ft)
29,185
Sewer
Septic Tank

Property Description

Great investment opportunity! Beautifully updated, spacious Burlington Hill duplex with incredible views of Skagit Valley & beyond! Live in one unit, rent out the other. Same floorplan in both units: each fully-updated, featuring 1950 SqFt, 2 bedrms + office, including a Master w/ensuite bath & large walk-in closet, kitchen w/stainless steel applncs, living rm w/FP & dining rm! Upper unit has quartz counters. Plus, three 1-car garages and rentable storage space for extra income! 6.4% Cap Rate!

Additional Information

List Date
2019-11-17 00:00:00
Community
Burlington Hill
Net Operating Income
$44,849
Gross Adjusted Income
$51,600
Gross Scheduled Income
$51,600
Total Monthly Income
$4,300
Insurance Expenses
$1,440
Water/Sewer/Garbage Expenses
$600
Gross Rent Multiplier
13
Total Expenses
$6,751
Cap Rate
6.4
Total Number of Units
2
Unit Name
827
Potential Terms
Cash Out, Conventional
Year Built
1983
View
Bay, City, Mountain(s), River, Sound, Territorial
Roof
Metal
Site Features
Cable TV, Deck, Gas Available, High Speed Internet, Patio
Electric Expenses
560
School District
Burlington
Total Monthly Income
$4,300
Gross Scheduled Income
$51,600
Gross Adjusted Income
$51,600
Tax Year
2019
Insurance Expense
$1,440
W/S/G Expenses
$600
Total Expenses
$6,751
Net Operating Income
$44,849
Gross Rent Multiplier
13
Cap Rate
6.4
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