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PENDING
Listing provided courtesy of Kathryn Fleischmann, Keller Williams Western Realty.
Source NWMLS.

721 Greenleaf Ave, Burlington, WA 98233$750,000

5
beds
5
baths
2088
ft2
· 4202
ft2 lot
$359 / ft2

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Investors or Owner-Occupied – This always-rented, conveniently located 4-Plex is for you! The upstairs 2-bed/2-bath was recently vacated and completely updated. Downstairs are three quality 1-bed/1-bath units with high ceilings and efficient use of space. Each unit has designated parking and is separately metered for power. Separate building houses coin-op laundry and rentable storage lockers. Tankless hot water and completed flood level certification keeps operating costs low! PLEASE DO NOT DISTURB TENANTS

HOA

$0/month

On market

2 months

Year built

1925

Property type

54 4 Plex,Multi Family

Parking

5

MLS

1823621

Price / Sq.Ft.

$359 / ft2

Status

Pending Inspection

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Home details for 721 Greenleaf Ave

Interior Features & Layout
Appliances
•   
Oven Unit 1
•   
Oven Unit 2
•   
Dishwasher Unit 4
•   
Refrigerator Unit 1
•   
Refrigerator Unit 2
Heating & Cooling
•   
Heating Details: Baseboard, Tankless Water Heater
Bathrooms Info
•   
Unit 1 Baths: 1.00
•   
Unit 2 Baths: 1.00
•   
Unit 3 Baths: 1.00
•   
Unit 4 Baths: 2.00
•   
Unit 5 Baths: 0.00
•   
Unit 6 Baths: 0.00
Bedrooms Info
•   
Unit 4 Beds: 2
•   
Unit 3 Beds: 1
•   
Unit 2 Beds: 1
•   
Unit 1 Beds: 1
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Building: 4
Community Features
•   
Area Amenities: Coin Op Laundry, Storage
Lot Info
•   
Zoning: Residential
•   
Lot Size Source: Realist
•   
Zoning Type: City
•   
Lot Details: Alley, Paved Street
Building Info
•   
Mls Prop Type: 54 - 4-Plex, Multi-Family
•   
Building Condition: Good
•   
Style: 54 - 4-Plex
•   
Unit 4 Sqft: 672
•   
Foundation: Poured Concrete
•   
Unit 3 Sqft: 460
•   
Roof: Composition
•   
Unit 2 Sqft: 620
•   
Unit 1 Sqft: 364
•   
Number Stories: 2
Exterior Features
•   
Building Exterior Details: Metal/Vinyl
Parking Info
•   
Uncovered Spaces: 5
Property Type
•   
Mls Property Type: Multi-Family
Property Features
•   
Unit 1 Details: 1
•   
Unit 2 Details: 2
•   
Unit 3 Details: 3
•   
Unit 4 Details: 4
Utilities & Other Information
Water & Sewer Info
•   
Water / Sewer / Garbage: 3024
•   
Water Source: Community
•   
Sewer: Sewer Connected
Utilities
•   
Energy Source: Electric, Natural Gas
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 703
•   
Other Expenses: 420
•   
Gross Scheduled Income: 50340
•   
Operating Expense: 6764, 6764
Listing Details
•   
Form 17: Provided
•   
Sale Type: MLS
Terms
•   
Possession: Sub. Tenant's Rights
•   
Terms: Cash Out, Conventional, FHA
Buyer's Agent Commission
•   
Buyer's Agent Commission: 2.5
Lease Info
•   
Net Operating Income: 43576
•   
Monthly Rent Unit 1: 930
•   
Monthly Rent: 4195
•   
Monthly Rent Unit 2: 850
•   
Gross Rent Multiplier: 15
•   
Monthly Rent Unit 3: 775
•   
Cap Rate: 5.62
•   
Monthly Rent Unit 4: 1250
•   
Gross Adjusted Income: 50340
Tax/Assessment Info
•   
Tax Year: 2021
•   
Taxes: 2617
•   
Apn: P71696
Listing Info
•   
Status: Pending Inspection
School Neighborhood & Directions
Location
•   
Directions: From Burlington Blvd, head East on Avon Ave, Right on N Spruce St., Left on Greenleaf Ave. Building on the left.

Neighborhood snapshot

Flyhomes
Massachusetts
Middlesex County
Wilmington
Burlington
21
Properties for sale
6
Median days on market
$290.88
Median sold price/sqft
103.64%
Sold/List %
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Property History for 721 Greenleaf Ave

10/15/2021
10/15/2021
NWMLS #1823621
pending
NWMLS #1823621
$750,000
09/27/2021
09/27/2021
NWMLS #1823621
active
NWMLS #1823621
$750,000
--3.23%
08/13/2021
08/13/2021
NWMLS #1823621
active
NWMLS #1823621
$775,000
07/30/2021
07/30/2021
NWMLS #1749724
cancelled
NWMLS #1749724
$775,000
06/16/2021
06/16/2021
NWMLS #1749724
temp_off_market
NWMLS #1749724
$775,000
See more property history

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