Bought with RexMont Real Estate
$529,000
$529,000
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516 S Anacortes ST S Burlington, WA 98233
2,787 SqFt
Key Details
Sold Price $529,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,787 sqft
Price per Sqft $189
Subdivision Burlington
MLS Listing ID 2140970
Sold Date 01/03/24
Style 52 - Duplex
Year Built 1923
Annual Tax Amount $2,700
Lot Size 5,616 Sqft
Lot Dimensions 54 X104
Property Description
This is a great location for this investment property with a 6.3% cap rate. The duplex unit is 1 bedroom/bath plus a garage additional unit is 6 Bd 1 Ba with all rooms rented separately, with most units having long term renters featuring 2 kitchens 3.5 baths. Most utilities are paid by the landlord. There are separate meters for both units. Coin operated washer & dryer are available in the building. New roof in the last 2 years for these buildings. The excellent location is close to downtown, restaurants, shopping, parks and bus stop with the I-5 corridor just minuets away. 6 parking spaces available off street
Location
State WA
County Skagit
Area 825 - Burlington
Interior
Interior Features Ceramic Tile, Wall to Wall Carpet
Flooring Ceramic Tile, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
High Schools Burlington Edison Hi
School District Burlington
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.