811 & 813 E Fairhaven Avenue, Burlington, WA 98233
- $524,950
Listing courtesy of COMPASS.
- List Price
- $524,950
- Status
- ACTIVE
- MLS#
- 2502046
- Price Change
- ▼ $25,000 1780352638
- Days on Market
- 118
- Style
- 52 - Duplex
- Annual Tax Ammount
- 3514
- Lot Size (sq ft)
- 5,227
- Sewer
- Sewer Connected
Property Description
Incredible opportunity to own 2 homes on one lot- zoned COMMERCIAL. Be a part of this thriving and growing community. Both homes are well maintained and updated. New siding (partial) in 2020 and new exterior paint. Low maintenance private fully fenced yard, front and back .Great walkability to all that the town of Burlington has to offer with this great location in the heart of town. Perfect for investor or first time homeowner. Easy to rent and interiors are in great shape. Includes storage building. Charming interior and open floor plans. Perfect for investor to live in one and rent the other while building portfolio. Or rebuild as mixed use! One side is lower rent/ family member. one lease, one MTM.SELLER FINANCING!This one won't last!
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Additional Information
- List Date
- 2026-04-02 17:17:31
- Community
- Burlington
- Net Operating Income
- $33,851
- Gross Adjusted Income
- $33,851
- Gross Scheduled Income
- $42,000
- Total Monthly Income
- $3,500
- Insurance Expenses
- $1,233
- Water/Sewer/Garbage Expenses
- $2,652
- Gross Rent Multiplier
- 15.27
- Total Expenses
- $8,149
- Cap Rate
- 6.15
- Vacancy Rate
- 1
- Total Number of Units
- 2
- Unit Name
- 811 & 813
- Potential Terms
- Cash, Conventional, Owner Will Carry
- Year Built
- 1915
- Roof
- Composition
- Other Expenses
- 750
- Energy Source
- Electric, Natural Gas
- School District
- Burlington
- Total Monthly Income
- $3,500
- Gross Scheduled Income
- $42,000
- Vacancy Rate
- 1
- Gross Adjusted Income
- $33,851
- Tax Year
- 2025
- Insurance Expense
- $1,233
- W/S/G Expenses
- $2,652
- Total Expenses
- $8,149
- Net Operating Income
- $33,851
- Gross Rent Multiplier
- 15.27
- Cap Rate
- 6.15
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.