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Realty One Group Orca
606 Greenleaf Avenue, Burlington, WA 98233
- $510,000
- 3,336
- SqFt
Listing Broker: CENTURY 21 North Homes Realty; Christina O'Keefe; ; Selling Office: CENTURY 21 North Homes Realty.
- Sold Price
- $510,000
- List Price
- $461,000
- Status
- SOLD
- MLS#
- 2497846
- Closing Date
- Apr 17, 2026
- Days on Market
- 4
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 3,336
- Area Total SqFt
- 3336
- Annual Tax Ammount
- 4967
- Lot Size (sq ft)
- 9,000
- Sewer
- Sewer Connected
- Offer Review Date
- 2026-03-30
Property Description
Solid 5-unit single level building featuring five identical 1-bedroom, 1-bathroom units, each approx. 600 sq ft. All units are currently occupied by long-term tenants, ensuring immediate and stable rental income, off-street parking and excellent location with easy access to I-5 and nearby amenities. Ideal investment property and reliable returns.
Additional Information
- List Date
- 2026-04-13 00:00:00
- Community
- Burlington
- Net Operating Income
- $24,172
- Gross Adjusted Income
- $44,400
- Gross Scheduled Income
- $44,400
- Total Monthly Income
- $3,750
- Insurance Expenses
- $2,000
- Water/Sewer/Garbage Expenses
- $715
- Gross Rent Multiplier
- 10.38
- Total Expenses
- $8,072
- Cap Rate
- 5.24
- Total Number of Units
- 6
- Unit Name
- 606
- Potential Terms
- Cash, Conventional
- Year Built
- 1905
- View
- Territorial
- Roof
- Torch Down
- Electric Expenses
- 160
- Energy Source
- Electric, Natural Gas
- School District
- Burlington
- Total Monthly Income
- $3,750
- Gross Scheduled Income
- $44,400
- Gross Adjusted Income
- $44,400
- Tax Year
- 2026
- Insurance Expense
- $2,000
- W/S/G Expenses
- $715
- Total Expenses
- $8,072
- Net Operating Income
- $24,172
- Gross Rent Multiplier
- 10.38
- Cap Rate
- 5.24
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.