Property Details
811 & 813 E Fairhaven Avenue
Burlington, WA 98233
$524,950
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Property Overview
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!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Skagit
Neighborhood
Burlington
Listed
Apr 2, 2026
Original Price
$549,950
Structure Type
Duplex
Parcel Number
P71540
Tax & HOA
Annual Property Tax
$3,514 (2025)
Est. Monthly Tax
$293/mo
Financial Summary
Cap Rate
6.15%
Net Operating Income
$33,851
Gross Scheduled Income
$42,000
Gross Rent Multiplier
15.27
Total Expenses
$8,149
Vacancy Rate
1.0%
Building & Use
Leasable Area
1,116 sqft
Total Units
2
Year Built
1915
Exterior & Lot
Lot Size
0.12 sqft
Year Built
1915
Exterior Materials
Metal/Vinyl
Sewer
Sewer Connected
Exterior Features
Metal/Vinyl
Community & Access
Directions
From I-5 exit 230, go east on HWY 20 to E. Fairhaven Ave. go east to homes on the left.
Location
City
Burlington
County
Skagit
Coordinates
48.47565, -122.32434
Additional Information
Tax Year
2025
Annual Taxes
$3,514
Possession
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