$639,000

6 Beds 2 Baths 2,448 SQFT 0.39 Acres

Type: Multi-Family

11040 N Skagit Street # A & B
Burlington, WA 98233

MLS#: 2538264

Presented by: John L. Scott Snohomish and NWMLS

Property Description

Updated Duplex in Burlington. Great Investor Opportunity! Each unit is 3 bedrooms & 1 bathroom, with separate fully fenced yards. Seller is currently renting some rooms for $1,000/mo. New buyer to inherit tenants, for immediate cash flow. Yards back up nicely to Burlington Hill, offering green space and a more private rural feel. NEW ROOF, newer appliances, updated kitchens, vinyl flooring, & electric fireplaces. More updates to come, seller is having gutters installed, plus interior trim, some painting, etc. Photos don't reflect all updates, come see the place for yourself. Interior is light & bright. Each unit has a dedicated laundry area, including pantry, dining space, full kitchen & outdoor patio. RV Parking. Sited nicely at the end of the street, just off the cul-de-sac. NO flood insurance required. 24 Hours notice needed for tours – schedule your visit today!

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0

Baths Half Upper0

Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo

Fireplace Y/NNo

FlooringVinyl, Carpet

Heating Y/NYes

Power Production TypeElectric

Total Fireplaces0

Total Stories1

General

AmenitiesStorage

Building Area Units0 sqft

Cap Rate6.8

Carport Spaces0

Carport Y/NNo

CityBurlington

CoolingNone

CountySkagit

DirectionsFrom SR 20 turn onto N. Skagit Street. Residence is on the left hand side of the road, near the end of the cul-de-sac.

Electric Expense0

Fuel Expense0

Garage Spaces0

HOANo

HOA Fee$0

HeatingRadiant, Wall Furnace

High School DistrictBurlington

Insurance Expense1500

Leasable Area2,448 sqft

Listing TermsCash, Conventional, FHA, State Bond, USDA Loan, VA Loan

Living Area0 sqft

Lot Size Square Feet16,915 sqft

Lot Size UnitsSquare Feet

MLS Area825 - Burlington

NWM_ShowMapLinkY

Net Operating Income45991

New ConstructionNo

Number Of Units Total2

PossessionClosing

Property Style52 - Duplex

Property SubtypeMulti Family

Property TypeResidential Income

Public RemarksUpdated Duplex in Burlington. Great Investor Opportunity! Each unit is 3 bedrooms & 1 bathroom, with separate fully fenced yards. Seller is currently renting some rooms for $1, 000/mo. New buyer to in

RoofComposition

Security FeaturesFully Fenced

Senior Community Y/NNo

SewerSeptic Tank

Special Listing ConditionsNone

Standard StatusActive

StatusActive

Structure TypeDuplex

Subdivision NameBurlington

Tax Annual Amount$4,973

Tax Year2026

Unit Number0

Units Below Gradefalse

Units In Building Total2

ViewMountains, Territorial

Virtual TourClick here

Water CompanySkagit PUD

Water Sewer Garbage2736

Year Built1979

Exterior

Building Area Total2,448 sqft

Covered Spaces0

Exterior AmenitiesStone, Wood

Foundation DetailsPoured Concrete

Irrigation Water Rights Y/NNo

Lot FeaturesCul-De-Sac, Paved

Lot Size Acres0.3883

Parking FeaturesRV Parking

Parking Uncovered Total6

Site FeaturesFenced-Fully, Outbuildings, Patio, RV Parking

Total Parking6

Water SourcePublic

Waterfront Y/NNo

Additional Details

Price History

Schools

High School N/A

Elementary School N/A

Middle School N/A

Similar Properties

$639,000

6 Beds 2 Baths 2,448 SQFT 0.39 Acres

Type: Multi-Family

11040 N Skagit Street # A & B
Burlington, WA 98233

MLS#: 2538264

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Property

$639,000

11040 N Skagit Street # A & B
Burlington, WA 98233

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$639,000

11040 N Skagit Street # A & B
Burlington, WA 98233

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Property

$639,000

11040 N Skagit Street # A & BBurlington, WA 98233

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$639,000

11040 N Skagit Street # A & BBurlington, WA 98233

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11040 N Skagit Street # A & B
Burlington, WA 98233

11040 N Skagit Street # A & B
Burlington, WA 98233