1019 Washington Avenue, Burlington, WA 98233
- $499,000
- 1,116
- SqFt
Listing courtesy of Windermere RE Skagit Valley.
- List Price
- $499,000
- Status
- ACTIVE
- MLS#
- 2549883
- Days on Market
- 21
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,116
- Area Total SqFt
- 1116
- Annual Tax Ammount
- 3703
- Lot Size (sq ft)
- 6,489
- Sewer
- Sewer Connected
Property Description
Excellent investment opportunity in the heart of Burlington! This well-maintained, single-level duplex is ideally located across the street from Maiben Park. Each unit features a functional, low-maintenance layout with updated bathrooms and new flooring in the kitchens. Long-term tenants provide stable rental income, making this an attractive addition to any investment portfolio. Situated close to shopping, schools, medical facilities, and major transportation routes, this property combines strong rental appeal with a desirable location. Don't miss this chance to own a solid income-producing property.
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Additional Information
- List Date
- 2026-07-07 21:33:13
- Community
- Burlington
- Net Operating Income
- $23,070
- Gross Adjusted Income
- $30,600
- Gross Scheduled Income
- $30,600
- Total Monthly Income
- $2,550
- Insurance Expenses
- $941
- Water/Sewer/Garbage Expenses
- $2,886
- Gross Rent Multiplier
- 16.31
- Total Expenses
- $7,530
- Cap Rate
- 4.62
- Total Number of Units
- 2
- Unit Name
- 1019
- Potential Terms
- Cash, Conventional
- Year Built
- 1968
- Roof
- Composition
- Energy Source
- Electric
- School District
- Burlington
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $2,550
- Gross Scheduled Income
- $30,600
- Gross Adjusted Income
- $30,600
- Tax Year
- 2026
- Insurance Expense
- $941
- W/S/G Expenses
- $2,886
- Total Expenses
- $7,530
- Net Operating Income
- $23,070
- Gross Rent Multiplier
- 16.31
- Cap Rate
- 4.62
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.