20948 Morgan Lane $390,000

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    20948 Morgan Lane Burlington, WA 98233

    • 0 Beds
    • 0 Baths
    • 2,832 sq.ft.
    • Multi-Family
    Listing# 1497257
    SOLD 9/16/2019

    $390,000

    Days On Market: 34 0 Views
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    Property Details

    Great investment with upside. Both units are 2 bedroom 1.5 baths and have great layouts and back yards. One unit fully remodeled and currently vacant. Rents are about $200 below market rates. So theres alot of room for upside on these. Buy one or all three

    • General Features
      • County Skagit
      • Zoning Code Multi-Family, Residential
      • County Skagit
      • Lot Details Cul-de-sac, Dead End Street
      • Lot Square Footage 15,702
      • Number of Stories 2
      • Number of Units 2
      • Site Features Patio
      • Style 52-Duplex
      • Year Built 1978
    • Building Features
      • Roof Compostion
      • Exterior Wood, Wood Products
      • Approx SqFt 2,832
      • Floor Covering Vinyl, Wall to Wall Carpet
      • Foundation Poured Concrete
    • Financials
      • Total Monthly Income $1,800
      • Net Operating Income $14,891
      • Gross Scheduled Income $21,600
      • Gross Adjusted Income $21,600
      • Total Expenses $6,709
      • Other Expenses $0
      • Insurance Expenses $1,836
      • Expenses $6,709
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 18
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $3,673
      • Energy Source Electric, Natural Gas
      • Heating and Cooling Forced Air
      • Water Company City of Burlington
      • Sewer Company Septic
    • Schools
      • School District Burlington
      • Senior High Burlington Edison Hi
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify

    Neighborhood

    98233 (Burlington) Demographics

    39Median Age
    440Population Density (per sq. mile)
    29%College Educated
    $54,789 Estimated Median Income
    3,667Estimated Total Home Owners
    2,215Estimated Total Renters
    62% / 38%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    14,896Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $322,750 Median Sales Price
    18 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        9/16/2019 12:00:00 AM Sold Source New Value: $390,000
        8/11/2019 9:11:25 AM Status Changed Source New Value: Pending

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.