126 W Burke Avenue, Arlington, WA 98223

$1,200,000
4,256
SqFt

Listing courtesy of Zati Realty Group, Inc..

List Price
$1,200,000
Status
ACTIVE
MLS#
1866193
Days on Market
14
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
4,256
Area Total SqFt
4256
Lot Size (sq ft)
4,792

Property Description

Downtown Arlington 4-Plex for sale! All units were recently fully remodeled and are fully occupied. Closely situated to the New Haller Park and Splash Pad, Downtown Arlington Shops, and Restaurants! The Centennial Trail is located within 250 feet of the property! Each unit has a connected carport with an outside storage shed. The property is professionally landscaped and maintained. As a 4-Plex, this property can be purchased as a primary residence! Call us today for more information or to schedule a showing!

Additional Information

List Date
2021-11-19 05:23:09
Community
Arlington
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1973
View
Territorial
Roof
Cedar Shake, Torch Down
Site Features
Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio
Heating/Cooling Type
Wall
Other Expenses
2160
Energy Source
Electric
School District
Arlington
Total Monthly Income
$8,240
Gross Scheduled Income
$98,160
Vacancy Rate
5
Gross Adjusted Income
$93,252
Tax Year
2021
Insurance Expense
$1,589
W/S/G Expenses
$5,952
Total Expenses
$14,490
Net Operating Income
$78,762
Gross Rent Multiplier
12
Cap Rate
6
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Calculator source: Real Geeks