Property Details
1019 Washington Avenue
Burlington, WA 98233
$499,000
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Skagit
Neighborhood
Burlington
Listed
Jul 7, 2026
Structure Type
Duplex
Parcel Number
P71617
Tax & HOA
Annual Property Tax
$3,703 (2026)
Est. Monthly Tax
$309/mo
Financial Summary
Cap Rate
4.62%
Net Operating Income
$23,070
Gross Scheduled Income
$30,600
Gross Rent Multiplier
16.31
Total Expenses
$7,530
Building & Use
Building Sq Ft
1,116
Leasable Area
1,116 sqft
Total Units
2
Lot Size
6,490 sqft
Year Built
1968
Exterior & Lot
Lot Size
0.15 sqft
Year Built
1968
Garage
1 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Paved, Sidewalk
Exterior Features
Wood
Community & Access
Directions
GPS Friendly
Location
City
Burlington
County
Skagit
Coordinates
48.47491, -122.32104
Additional Information
Tax Year
2026
Annual Taxes
$3,703
Possession
Array
Based on information submitted to the MLS GRID as of July 29, 2026 2:21 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
