1688 River Walk Lane
1688 River Walk Lane
Burlington, WA 98233
$2,550,000
Last Sold Price
16
Beds
15
Baths
10,260 Sq. Ft.
$249 / Sq. Ft.
10,260
Sq. Ft.
$249
per Sq. Ft.
Sold 3/8/22
Sold 3/8/22
Description
New construction 6 plex in desirable community, great design and well built for maximum rental income. Located in a nice community and backing up to the river, stroll along the banks of the river and enjoy the open space with a big territorial view. Six units total, all with a one car garage, two 2 bedroom units and four 3 bedroom units. All with mini split units for heating and A/C, vinyl plank flooring, stainless appliances and granite counter tops. All designed for easy maintenance and comfortable...New construction 6 plex in desirable community, great design and well built for maximum rental income. Located in a nice community and backing up to the river, stroll along the banks of the river and enjoy the open space with a big territorial view. Six units total, all with a one car garage, two 2 bedroom units and four 3 bedroom units. All with mini split units for heating and A/C, vinyl plank flooring, stainless appliances and granite counter tops. All designed for easy maintenance and comfortable living. 16 additional uncovered parking spaces, and easy access to the river walk, as well as nearby amenities. Offered as a presale with completion scheduled for mid February, these beautiful units will not last long in the rental market!
Property Details for 1688 River Walk Lane
Community Name
Burlington
School DistrictBurlington
ViewTerritorial
Number of Assigned Spaces20
Total Covered Parking6
Entry Date09-14-2021
Energy SourceElectric
SewerSewer Connected
Location
Add your commute
LISTING UPDATED: 03/08/2022 03:09 PM
Property Details for 1688 River Walk Lane
| Status | Sold |
|---|---|
| MLS # | 1839632 |
| Days on Market | 44 |
| Cumulative Days on Market | 44 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2021 |
| Lot Size | 0.91 AC / 39,605 SF |
| County | Skagit County |
Location
Add your commute
Building Information for 1688 River Walk Lane
Stories2Residences6Year Built2021Building Size-Lot Size0.91 AC / 39,605 SF
Payment Calculator
$13,969 per month
30 year fixed, 7.25% Interest
Principal and Interest
$13,916
Property Taxes
$53
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1688 River Walk Lane
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Site Features: Deck
- Area: 825 - Burlington
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: Exit 230, Right on WA-20, continue straight onto E Rio Vista Ave, left on S Spruce St, right on Greenleaf Ave, right on S Anacortes St, left E Rio Vista, right on S Gardner Rd, right onto River Walk.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2021
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 14.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Vinyl Plank, Carpet
- Features: Ductless HP-Mini Split, Tankless Water Heater, Wall to Wall Carpet
- New Construction: Under Construction
- Cooling: Yes
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Cement Planked
- Roof: Composition
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Ductless HP-Mini Split,Tankless Water Heater,Wall
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: PSE
- Sewer Company: City of Burlington
- Water Company: Skagit PUD
- Power Production Type: Electric
- Utilities: Sewer Connected, Electricity Available
Property and Assessments
- New Construction YN: Yes
- Zoning Jurisdiction: County
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- Estimated Completion Date: 2022-02-18
- First Right Of Refusal: false
- Possible Use: Multi-Family
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 2021
- Photos Count: 6
Lot Information
- Lot Details: Dead End Street, Paved
- Lot Size Dimensions: 364x66x213x258
- Lot Number: 22
- Lot Size Source: County Records
- Parcel Number Free Text: P134364
- Building Condition: Under Construction
- Calculated Square Footage: 10260
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 10260.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 14
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 6
- Units Below Grade: false
- Units In Building Total: 6
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 0
- Gross Adjusted Income: 0
- Gross Rent Multiplier: 0
- Gross Scheduled Income: $0
- Insurance Expense: $0
- Net Operating Income: $0
- Other Expenses: $0
- Total Monthly Income: 13200
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: false
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1710
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 3
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: false
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1710
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 3
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: false
- Dishwasher Unit 3: true
- Square Feet Unit 3: 1710
- Bedrooms Unit 3: 3
- Bathrooms Unit 3: 3
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: false
- Dishwasher Unit 4: true
- Square Feet Unit 4: 1710
- Bedrooms Unit 4: 3
- Bathrooms Unit 4: 3
Unit 5
- Name Unit 5: 5
- Washer/Dryer Unit 5: false
- Range/Oven Unit 5: true
- Refrigerator Unit 5: false
- Dishwasher Unit 5: true
- Square Feet Unit 5: 1710
- Bedrooms Unit 5: 3
- Bathrooms Unit 5: 3
Unit 6
- Name Unit 6: 6
- Washer/Dryer Unit 6: false
- Range/Oven Unit 6: true
- Refrigerator Unit 6: false
- Dishwasher Unit 6: true
- Square Feet Unit 6: 1710
- Bedrooms Unit 6: 3
- Bathrooms Unit 6: 3
Rental
Rent Information
- Occupant Type: Presale
- Leasable Area: 10260.0
- Leasable Area Units: Square Feet
Property History for 1688 River Walk Lane
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1688 River Walk Lane
Taxable ValueLand$66,200Additions-Total$66,200
Tax Record2022$631 ($53 / month)
Home Facts
Beds0Lot Size39,605 SqFtStyleMiscellaneous Vacant LandCountySKAGITAPN6058-000-022-0000
Schools near 1688 River Walk Lane
This home is within Burlington-Edison School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 1 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 10 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Lucille Umbarger Elementary School Public1 to 8 | ||
Burlington Edison High School Public9 to 12 | ||
Open Doors Public10 to 12 | ||
Burlington-Edison Alternative School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
