11035 N Skagit Street, Burlington, WA 98233

$380,000
1,920
SqFt

Listing courtesy of Windermere RE Skagit Valley. Selling Office: Integris Real Estate.

Sold Price
$380,000
List Price
$385,000
Status
SOLD
MLS#
1610392
Closing Date
Aug 17, 2020
Days on Market
4
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,920
Area Total SqFt
1920
Annual Tax Ammount
3678
Lot Size (sq ft)
16,988
Sewer
Septic Tank
Offer Review Date
2020-06-08

Property Description

Fantastic investment opportunity! Single level Duplex in a great commuter location, just outside city limits; only minutes to I-5, downtown Burlington & Sedro Woolley shopping and all medical. Each unit has 2 bedrooms, 1 bath, utility rooms, plus single car garages with storage. Units also provide a big fenced back yard, BBQ patios, and easy care landscape. Nice cul-de-sac of duplexes & backed to open fields. Private septics, so no sewer bills! Live in one side and rent out the other.

Additional Information

List Date
2020-08-13 00:00:00
Community
Burlington Hill
Net Operating Income
$18,422
Gross Adjusted Income
$18,422
Gross Scheduled Income
$25,200
Total Monthly Income
$2,100
Insurance Expenses
$700
Water/Sewer/Garbage Expenses
$2,400
Gross Rent Multiplier
14
Total Expenses
$6,778
Cap Rate
5.04
Total Number of Units
2
Unit Name
11035
Potential Terms
Cash Out, Conventional
Year Built
1979
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Dock, Fenced-Partially, High Speed Internet
School District
Burlington
Elementary School
Lucille Umbarger Ele
Middle School
Out of District
High School
Burlington Edison Hi
Total Monthly Income
$2,100
Gross Scheduled Income
$25,200
Gross Adjusted Income
$18,422
Tax Year
2020
Insurance Expense
$700
W/S/G Expenses
$2,400
Total Expenses
$6,778
Net Operating Income
$18,422
Gross Rent Multiplier
14
Cap Rate
5.04
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